Anyone Wanna Speculate The DOW Average This Week VS $105.00 To $110.00 Crude Oil ?

Discussion in 'Politics' started by Teals_Of_Wonder, Feb 20, 2012.

  1. Teals_Of_Wonder
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    :ack-1::banghead::uhoh3:
    Safe to say "So Much For 13,000 ?" and we were so close last week. If crude keeps climbing, there goes the economic recovery, just like in the spring of 2011 when we were seeing glimmers of hope, then it all stalled out going into the summer.
    So anyone wanna predict the DOW tomorrow through Friday?
    If oil does shoot up a little too fast this week, I see the DOW going right back to 12,000 and if the average price of a gallon is $4.00, It could easily go down much further and Obama's approval will stay around 40% right through the election.
    :omg::popcorn:
     
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  2. Teals_Of_Wonder
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    well, lets just predict Monday for now,,one of us has to come close,,,I will predict a closing of 12,400 (give or take 50}.
     
  3. Teals_Of_Wonder
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    and who ever is the closest, gets a free date with your choice of Barney Frank or Maxinne Waters.
     
  4. Mr. H.
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    U.S. oil prices are already discounted $15 from Brent.
    What the hell you bitching about.

    And that $15 is discounted another $10 because Obama axed the Keystone XL.
     
  5. Mr. H.
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    Domestic crude is not priced at parity with respect to world markets.

    As for the DOW, Tony- who gives a fuck what oil prices are doing?
    Have you gone out to eat at a restaurant lately- they're slammed.

    There's tons of cash out there- in the pockets of consumers and in the accounts of the big brokers- it's just not in that toney DOW. Why not?

    Obama.
     
  6. Teals_Of_Wonder
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    I have never paid 4.00 for gas, I think 3.90 was the highest we ever had in Naples,,,,,Im filling up tomorrow while its still around 3.70
     
  7. jgarden
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    jgarden Senior Member

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    Iran's recent pronouncements concerning refusing to see oil to either Britain and Francehas increased oil prices.

    Ironically, any positive news from US and/or Europe concerning an economic recovery will also increase the demand/price for oil.
     
  8. Mr. H.
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    So what. Go to Europe and pay $10/gallon.

    What the fuck is this fixation about gasoline prices anyway?

    I more wonder about my grocery bill, and the fact that agriculture exports millions of metric tons of grains- year in and year out.

    30% of our corn crop goes to making ethanol. And so much of that shit is produced that we EXPORT 20% of it.

    Hey- if crude oil and gasoline is so precious, why do folks want it to be cheap as dirt?
    Ever think about that?

    People hate oil- people hate oil people- but people LOVE cheap oil and gasoline.

    Get your goddamn priorities in order, folks. "The DOW ain't at 13k because of oil prices"- waaaaaaa.

    Oh- I can't get a perm and pedicure because I have to pay for my gas. waaaaaaa....

    Fucking grow up, America.
     
  9. Teals_Of_Wonder
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    4.00 gas would be fine if the average working American made at least $50,000 a year with little debt, but how are those single moms making less than 25K a year supposed to pay for higher gas & food?
     
  10. Mr. H.
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    And in 1999 when oil was $10 a barrel, and gasoline was 60 cents/gallon you STILL hated oil and oil people.

    You are a sick bunch of misguided idiots.
     
    Last edited: Feb 21, 2012

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