did I not tell you thta Saudis will prevent a cut, and any new
indicationg a cut would basically be a pump. There you have it down
the chain of all pumps, which started with Pumper-In-Chief, GS,
calling 145 earlier
not cutting is bullish...they wouldn't cut unless they thought
the price would keep dropping...you can go back and look at every
meeting...a cut would have been very bearish...
did I not tell you
OPEC considers cutting oil production
Posted by dallahoo on 9th of Sep 2008 at 12:06 pm
did I not tell you thta Saudis will prevent a cut, and any new indicationg a cut would basically be a pump. There you have it down the chain of all pumps, which started with Pumper-In-Chief, GS, calling 145 earlier
not cutting is bullish...they wouldn't
Posted by jbarry on 9th of Sep 2008 at 12:13 pm
not cutting is bullish...they wouldn't cut unless they thought the price would keep dropping...you can go back and look at every meeting...a cut would have been very bearish...
Oil will go nowhere, IMHO,
Posted by dallahoo on 9th of Sep 2008 at 12:18 pm
Oil will go nowhere, IMHO, until US election is over, that's how I have bet and so far, so good