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Old 08.21.2008
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Oil jumps $6 on US-Russia tensions, sliding dollar
Oil jumps $6 on US-Russia tensions, sliding dollar
8/21/08
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Oil jumps $6 on growing US-Russia tensions, sliding dollar, worries of OPEC output cut


NEW YORK (AP) -- Oil prices shot up $6 a barrel Thursday, rising to the highest level in over two weeks as escalating tensions with Russia stoked fears of a disruption of energy shipments to Western countries.
http://biz.yahoo.com/ap/080821/oil_prices.html?.v=11
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Old 08.21.2008
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Sell it, cover on Monday.
Last edited by Ronnocomot; 08.21.2008 at 01.10 PM.
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Old 08.21.2008
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Oh, and sell gold too.
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Old 08.21.2008
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Can someone PUHLEASE tell these speculators/traders that the price of oil doesn't have to freak out every time someone in the mideast farts or the US acts like an a-hole?
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Old 08.21.2008
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Just wait till Iran start its crap with Israel next time and see how high it will go.. Its not a matter of if its a matter of when... I say around the new year myself...
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Old 08.22.2008
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Well, oil was at $121.57 yesterday when I said sell it.

Instead of selling Monday, sell it now, last trade was $115.56

$6.00 profit.

As far as gold, it was at $839 and ounce yesterday when I said sell it.

Last trade was $832.10 an ounce

nice trade huh?
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Old 08.22.2008
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oil settles down $6.59
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