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  • #113,161
  • Jun 22, 2009 12:14pm Jun 22, 2009 12:14pm
Quoting TheFisherman
How would you define a speculative news?
speculative news is when :

market is going up and news want to send it higher, example gold is lets say 990 and the news proposes a 1500 or 1800. or oil is 72 on double top and trending up and news say expecting 100 by year end. also spec news is when big players protect their position on tv based on fundamental outlooks of last year predictions etc.

I don't know exactly how to explain to you how to filter the things you hear, that is up to you, sorry mate but we are all different.
  • #113,162
  • Jun 22, 2009 12:18pm Jun 22, 2009 12:18pm
Quoting gatorinla
its not news.. im telling you, its what i know personally..before gov. gathers figures. you may find it here but i suck at searching.. http://www.eia.doe.gov/oil_gas/petro...petroleum.html
I think we had a discussion before on how the oil price reflects the overall trends of the economy and markets and if i recall it right we were both of the idea that it doesn't.

this what we see right now are usd based adjustments, as i have said before i think, it has been a long time since fundamentals have gone out of focus, so now it is time for them to pick up, at least this is what i think, i dont want to repeat myself.

wish you all the good luck in the world mate.
  • #113,163
  • Jun 22, 2009 12:19pm Jun 22, 2009 12:19pm
Quoting arthurb
speculative news is when :

market is going up and news want to send it higher, example gold is lets say 990 and the news proposes a 1500 or 1800. or oil is 72 on double top and trending up and news say expecting 100 by year end. also spec news is when big players protect their position on tv based on fundamental outlooks of last year predictions etc.

I don't know exactly how to explain to you how to filter the things you hear, that is up to you, sorry mate but we are all different.

i was saying the cnbc crew is full of crap basicly..
those who can, do. those who cant, talk about those who can
  • #113,164
  • Jun 22, 2009 12:19pm Jun 22, 2009 12:19pm
  • #113,165
  • Jun 22, 2009 12:22pm Jun 22, 2009 12:22pm
Quoting notch
bad day?
those who can, do. those who cant, talk about those who can
  • #113,166
  • Jun 22, 2009 12:23pm Jun 22, 2009 12:23pm
Quoting gatorinla
i was saying the cnbc crew is full of crap basicly..
do agree , but i will put aside Kudlow and Santelli, i just like those guys, that all.
  • #113,167
  • Jun 22, 2009 12:24pm Jun 22, 2009 12:24pm
Hi, how about the DJI close Today ?

If Close will a little roundup E/U will go up 1.3920
  • #113,168
  • Jun 22, 2009 12:27pm Jun 22, 2009 12:27pm
Quoting arthurb
do agree , but i will put aside Kudlow and Santelli, i just like those guys, that all.
kudlow lives in disneyland. he says gasoline going down was a tax cut. but when its going up he nevers says its a tax increase..

this was one of the guys who actually does invest..terry torenova i think. was the one buying oil co stocks
those who can, do. those who cant, talk about those who can
  • #113,169
  • Jun 22, 2009 12:31pm Jun 22, 2009 12:31pm
We should start seeing some major moves in 30-40mins
  • #113,170
  • Jun 22, 2009 12:31pm Jun 22, 2009 12:31pm
Quoting gatorinla
bad day?

Well I made 50 pips but then lost my internet connection for most of the day. What a waste of my time!
  • #113,171
  • Jun 22, 2009 12:34pm Jun 22, 2009 12:34pm
Quoting gatorinla
kudlow lives in disneyland. he says gasoline going down was a tax cut. but when its going up he nevers says its a tax increase..

this was one of the guys who actually does invest..terry torenova i think. was the one buying oil co stocks
Couldn't agree more on that "tax cut" thing with him, just imagine how would be if oil stays at lets say 30 for three years in a row, I personally don't care much about oil related stocks esp US ones, since i am more connected with the EZ and UK oil companies in general and i don't trade ETF-s either, so i don't have much to say there.
  • #113,172
  • Jun 22, 2009 12:35pm Jun 22, 2009 12:35pm
Quoting vinesh2
We should start seeing some major moves in 30-40mins
Alright, vinesh - you're on the clock buddy.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #113,173
  • Jun 22, 2009 12:39pm Jun 22, 2009 12:39pm
Quoting The Fool
Alright, vinesh - you're on the clock buddy.

I believe he said 1.3750.
  • #113,174
  • Jun 22, 2009 12:41pm Jun 22, 2009 12:41pm
Quoting gatorinla
kudlow lives in disney...
Exactly. I am so glad I got rid of cable tv. To hear that clown croak "I love free market capitalism!" for the ten millionth time was gonna make me ill. You might as well be screamin, "I love Bigfoot!"

I do love Bigfoot, though, for real.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #113,175
  • Jun 22, 2009 12:43pm Jun 22, 2009 12:43pm
We may not see 1.375 in the US session but probably before Wed
  • #113,176
  • Jun 22, 2009 12:45pm Jun 22, 2009 12:45pm
Then again its Monday. Mon-tue shitty days to take positions.
  • #113,177
  • Jun 22, 2009 12:47pm Jun 22, 2009 12:47pm
Quoting vinesh2
We may not see 1.375 in the US session but probably before Wed

Well we see 1.3950 before 1.3750?
  • #113,178
  • Jun 22, 2009 12:50pm Jun 22, 2009 12:50pm
highly unlikely looking at the daily its pretty bearish. I think the top we might see is 1.388 but then again anything is possible. Are you stuck in a position notch?
  • #113,179
  • Jun 22, 2009 12:52pm Jun 22, 2009 12:52pm
Hi everyone, i'm new here

Seems like gravity is pulling everything down
  • #113,180
  • Jun 22, 2009 12:53pm Jun 22, 2009 12:53pm
Quoting vinesh2
highly unlikely looking at the daily its pretty bearish. I think the top we might see is 1.388 but then again anything is possible. Are you stuck in a position notch?

No. I just see the 3750-80 as the low of the week zone.
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