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#1
10-24-2008, 05:31 AM
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Get ready for the world market collapse!
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#2
10-24-2008, 05:36 AM
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OK Chicken Little
 Get worried about something real, OPEC (40% oil producer) reducing output by 1.5M BBL/day. Greedy sand people. Come on Canada..... 
__________________
An unwavering defender of those I see worth protecting. "promote the general welfare, not provide the general welfare" We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
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#3
10-24-2008, 05:59 AM
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Quote:
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#4
10-24-2008, 06:58 AM
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1.5 mill is nothing - most over produce ignoring their OPEC quota - when they start talking about 5 million barrels a day, then you can start worrying
__________________
Mark         _______________________________2001 X5 4.4i topaz blue/sand Sport, complete Dinan S2  , hitch, V1, tint, BSW Stage 1, Alpine INA-W910BT___________ Life is not fair! You can't protect people from their own stupidity! Laughter makes life worth living
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#5
10-24-2008, 06:59 AM
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lol... First time I've been called chicken little. This isn't about OPEC. Opec doesn't mean squat. Try filtering the news and look past the smoke screen dude. The moves being made yesterday are a tell. ES futures are stuck lock limit down right now. Anything can happen today.. at least give me a few hours before you call me crazy. lol
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#6
10-24-2008, 07:04 AM
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Quote:
__________________
Loving my BMW
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#7
10-24-2008, 07:07 AM
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Good lord. Markets will always fluctuate...you need gas today
This is my favorite part: OPEC had intended to raise prices by reducing production. But after the announcement, oil prices dropped $3.24 a barrel to $64.60 in electronic trading. Never said OPEC had a relationship to the market drops. As I said, worry about something REAL
__________________
An unwavering defender of those I see worth protecting. "promote the general welfare, not provide the general welfare" We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
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#9
10-24-2008, 07:19 AM
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http://www.foxbusiness.com/story/mar...reet-expected/
DOW futures down 550pts prior to market open today. It will get locked up today after about a 12% sell off at open. What is it about the stock market and October??
__________________
An unwavering defender of those I see worth protecting. "promote the general welfare, not provide the general welfare" We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
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