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    Here we go

    No cut in production.

    I've got a tech bottom right around the 50.

    And the god damn grains are not trading today fm.

    #2
    Cant help but wonder about the political significance of this happening on american thanksgiving.

    I've got this huge alarm bell going off in my head that the oil industry and the peoples of western canada just started suffering from the worst blow ever.

    The amount of capital coming out and evaporating could be staggering.

    I hope i'm wrong.

    Comment


      #3
      But i might buy some puts on western financial.

      Comment


        #4
        Now down over 7%

        Comment


          #5
          The oil chart looks like a Stuka going in on a bombing run.

          <a href="http://photobucket.com/" target="_blank"><img src="http://i335.photobucket.com/albums/m441/npksetal/Crude_zpsbad2fb6d.jpg" border="0" alt=" photo Crude_zpsbad2fb6d.jpg"/></a>

          Comment


            #6
            Ok when I said what if oil goes to 60 I thought maybe low 70s this is wow! 69 and only 9 away! Happy thanks giving!
            Layoffs will be a plenty for Christmas! Cheap deals on booked sleds!
            Hope I'm wrong!

            Comment


              #7
              Our dollar down a penny. Usa index up .4. Want to price my canola basis before end of monday day. I will gamble canola up 10 per ton tomorrow.

              Comment


                #8
                Keep those oil prices dropping. Best news in years. Maybe the Alberta government will smarten up and learn how to manage and govern this province for a change.

                Before the oil glut this province managed to balance the books and provide reasonable government. All the opportunistic baboons came out of the woodwork once the PCs got in power and look where we are now. Roads, bridges, schools, hospitals...all need upgrading and repair...deficits even with ever increasing exports. Totally screwed up government IMHO.

                Comment


                  #9
                  What is happening is a form of warfare.

                  Maybe you cant predict the future but **** its fun.

                  How does this impact us?

                  We Cant Figure It Out at the moment because we cant see if any GOD DAMN capital is flowing into FOOD!

                  Ok pilly,calm down,calm,calm.

                  BUT WE WONT KNOW TILL ****IN MONDAY!

                  Calm,calm

                  **** YOU!

                  Lets focus on what we do know.

                  FINE!

                  We know oil is political.
                  We know food is political
                  We know food is vulnerable
                  We know oil is getting crushed
                  We know the world is in crisis
                  We know battle lines are being drawn
                  We know economies are a tool of warfare

                  ****IN KNOW IT ALL DOUCHE

                  We don't know who is clearly on who's side
                  We dont know that fore sure food will collapse
                  We don't know

                  EXCUSE ME EINSTEIN TELL ME WHAT THE **** WILL HAPPEN!

                  I dont know

                  FUUUUUUCCCCKKKKKKK!

                  Comment


                    #10
                    Cotton...my guess is its going, going gone into ag/food....physicals...paper perhaps. Undeniably more important than energy.
                    What was term I heard lately...3 days away from revolt?
                    Get ready for a wild ride I think.

                    Comment


                      #11
                      good assessment by the way...

                      Comment


                        #12
                        If and this is still an if if its happening.

                        What is the asymmetry on the petro dollar.

                        Comment


                          #13
                          Oil been flying high on $20/ bu equivalent times, still at $12, way to bloated, too much waste to trim away from oil business chain. Watch the "market" work on someone else for a change. "Market" is always right.

                          Comment


                            #14
                            I put an order in this morning for HDO, for 10 cents over close. Should have done it at market, could have been a quick 15%. This is fun, light December volume could lead to some pretty volatile days for the next couple of weeks. Made a good buck in 2009 on the yo-yo that happened at Christmas as oil bounced off 29.

                            Comment


                              #15
                              **** me,i think we are about to get crushed

                              Comment

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