Shaggieman

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56 Comments

    • Sun Jul 27th 11:11 AM | Rating: 0 0
      Commented on:
      What's the Right Price for Oil?
      I forgot to add this Steven Schork interview had it right all along. Listen especially around the 3:00 minute mark.

      www.bloomberg.com/avp/...
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    • Sun Jul 27th 11:05 AM | Rating: 0 0
      Commented on:
      What's the Right Price for Oil?
      Hey James,

      You probably already read about this in the FT. Looks like other firms found out that SemGroup was short so they were buying more and more long to drive there competitor under forcing the crude price ever higher and higher. After SemGroup's BK the competitors are selling crude cause they no longer have any reason to buy long. Wow! Mean world out there!

      www.nakedcapitalism.co...
      View article »
    • Mon Jul 21st 12:47 PM | Rating: 0 0
      Commented on:
      Getting Excited About PHEVs
      Anyone know if the current Hybrids can be put on battery chargers, overnight, right now? Seems to me that produces the PHEV savings without having any upgrades and can be done right away.
      View article »
    • Sat Jul 12th 12:02 PM | Rating: 0 0
      Commented on:
      Options Trader: Friday Outlook
      Window-Reuters
      DOW JONES NEWSWIRES

      Federal Reserve Chairman Ben Bernanke told Freddie Mac Chief Executive Richard
      Syron that Freddie and Fannie Mae are eligible to use the Fed’s discount
      window, Reuters reported, citing a source with knowledge of the conversation.
      Bernanke told Syron in their phone conversation that he intended to allow the
      two government-sponsored mortgage giants to use the option, the source said.
      Web site: www.reuters.com

      Dow Jones Newswires
      07-11-08 1500ET

      Dan - If this is what you're taking about I couldn't find any conformation and then later news seemed to recant this. Bottom line is no need to use the window I guess?
      View article »
    • Sat Jul 12th 11:29 AM | Rating: 0 0
      Commented on:
      How Low Can This Market Go? The 40 Percent Solution
      Reinko - all good points. I think the new car debt is declining because smart buyers are purchasing the smaller vehicles which are lower priced then the big SUVs. I have two which I plan to retire shortly but won't be buying anymore SUVs or big V8's for that matter.
      View article »
    • Fri Jul 11th 11:12 AM | Rating: 0 0
      Commented on:
      Yes, U.S. Gas Use Dropped; But So Did Production
      Bush could solve this problem with the stroke of a pen. Simply no new cars or SUVs, domestic or imported, over 3000 pounds period and new trucks could be purchased only by a licenced professional.

      Now quite throwing tomatoes at me.

      Maybe the 55 mph is a easier fix to save an instant 20%.
      View article »
    • Mon Jul 7th 12:36 PM | Rating: 0 0
      Commented on:
      The After Hours Oil Scam
      I am in favor of closing all after hours trading!
      View article »
    • Sun Jul 6th 17:01 PM | Rating: 0 0
      Commented on:
      Fishing for an Answer: Energy, Energy, Energy
      paultaut - I am thinking the Iranians have the tankers sitting there to block the straits with if necessary. They can maneuver them into position and sink them and then light the oil up. It will make one holy mess of the gulf as the Iranians are shrude opponents and should not be taken lightly. They invented the game of chess.
      View article »
    • Sun Jul 6th 14:23 PM | Rating: 0 0
      Commented on:
      Fishing for an Answer: Energy, Energy, Energy
      Fitz that's a great looking fish and I do agree with your tax increase ideas and about keeping America strong. Unfortunitly, the barn doors may be closing after all the horses have left. Gates and Buffet will have have moved their fortunes offshore, with the help of the charity, without paying their share of taxes and the whole systems seems destine to come crashing down on the middle class left holding the $9 Trillion bill.

      If the 15% capital gains ends this year won't that cause a sell off of even oil stocks before years end?
      View article »
    • Sun Jul 6th 11:26 AM | Rating: 0 0
      Commented on:
      Fishing for an Answer: Energy, Energy, Energy
      Wait for crude oil to drop before investing. The oil stocks are decoupling from the price of crude and are dropping with the rest of the S&P stocks as folks realize oil is raising way beyond what the economy can support.

      Fitz is contradicting himself by cheering for a tax increase and touting crude oil and commodities stocks since the tax increase will send everyone scrambling for the last of the 15% capital gains by years end.

      View article »
    • Wed Jul 2nd 10:16 AM | Rating: 0 0
      Commented on:
      On Oil and Its Manipulation
      Speculation with basic necessities such as food, water and yes gasoline should never be allowed. The greedy few are making life unbareable for the majority and this should NOT be allowed.
      View article »
    • Sun Jun 29th 15:28 PM | Rating: 0 0
      Commented on:
      Did the E*Trade Baby Pay Off?
      Yah, but $3 plus change sucks!
      View article »
    • Sun Jun 29th 09:50 AM | Rating: 0 0
      Commented on:
      3 Aspects to Pricing Oil
      Let the government own the refineries. I know that sounds wrong but stop and think. How can any company survive with everyone against them? The upgrades to handle the sour crude are being stifled by the environmentalists who have the Demos ears.
      View article »
    • Fri Jun 27th 19:21 PM | Rating: 0 0
      Commented on:
      Time to Short Both Long-Term Bonds and Crude
      That's the normal 4% spread the banks need to operate on and pay their CEO + options.

      Mike unfortunately time isn't on our side here.

      The problem is Hugo doing what he's done makes Bush look like a whip and everyone else want a piece of the chump.
      View article »
    • Fri Jun 27th 12:50 PM | Rating: 0 0
      Commented on:
      Time to Short Both Long-Term Bonds and Crude
      Tell me where all this innovation is coming from? We don't have centuries to wait you know. Like the following article shows the left hand doesn't know what the right hand doing.

      www.nytimes.com/2008/0...

      View article »
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