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^ Top    #51   3 Weeks Ago

Truckerjo Road Train Member   Last Seen: 6 Hours Ago 09.42 PM Member Since: Sep 2006 Location: Indiana Trucker? EX-5 Years Posts: 1,676 My Trucking Photos: 0 Thanks: 106 Thanked 199 Times in 121 Posts

Quote: Originally Posted by Ronnocomot Care to place a wager on that? 359 day

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^ Top    #52   3 Weeks Ago

animal control MIA (Banned or Retired)   Last Seen: 4 Hours Ago 12.17 AM Member Since: Aug 2007 Location: Where I come From Trucker? EX-25 Years Posts: 383 My Trucking Photos: 3 Thanks: 12 Thanked 1 Time in 1 Post

Texas Tea Quote: Originally Posted by Ronnocomot Oil will be $100 or lower by Thanksgiving. $70 within 365 days or less. $40 in three years or less. If a person even suggested $100+ dollar crude in 2005 they were considered crazy.

^ Top    #53   3 Weeks Ago

Ron-MARS Trucking "In Tune"   Last Seen: 5 Hours Ago 11.28 PM Member Since: Jan 2008 Location: Right here on the board...of course Trucker? 22 Years Posts: 2,552 My Trucking Photos: 0 Thanks: 722 Thanked 355 Times in 258 Posts

You don't necessarily have to buy oil contracts to make money per se. Buy stocks that work in sympathy with oil. Like Haliburton, Trans-ocean, Kinder-Morgan. I don't play the commodities as I really don't have the time, nor the inclination to play that market. __________________ The trouble with the world is not that people know too little, but that they know so many things that ain't so - Mark Twain

^ Top    #54   3 Weeks Ago

Truckerjo Road Train Member   Last Seen: 6 Hours Ago 09.42 PM Member Since: Sep 2006 Location: Indiana Trucker? EX-5 Years Posts: 1,676 My Trucking Photos: 0 Thanks: 106 Thanked 199 Times in 121 Posts

Quote: Originally Posted by Ron-MARS Trucking You don't necessarily have to buy oil contracts to make money per se. Buy stocks that work in sympathy with oil. Like Haliburton, Trans-ocean, Kinder-Morgan. I don't play the commodities as I really don't have the time, nor the inclination to play that market. You want to really lose money try after hour trading

^ Top    #55   3 Weeks Ago

Ronnocomot Pain In The ...   Last Seen: 4 Hours Ago 11.38 PM Member Since: Sep 2006 Location: IL Trucker? 4-Wheeler Posts: 6,753 My Trucking Photos: 0 Thanks: 8 Thanked 266 Times in 160 Posts

Quote: Originally Posted by Truckerjo You want to really lose money try after hour trading If you really, really want to lose money try spread trading Brent Crude versus WTI on NYMex. Good times. __________________ When Barack Obama talked about change, who knew he was referring to his mind.

^ Top    #56   3 Weeks Ago

Ron-MARS Trucking "In Tune"   Last Seen: 5 Hours Ago 11.28 PM Member Since: Jan 2008 Location: Right here on the board...of course Trucker? 22 Years Posts: 2,552 My Trucking Photos: 0 Thanks: 722 Thanked 355 Times in 258 Posts

Quote: Originally Posted by Truckerjo You want to really lose money try after hour trading No thanks.... That is like the "Wild, Wild, West" of trading. Practically no rules and the Institutional Traders look for the "Home Gamers" like a lion does an antelope. __________________ The trouble with the world is not that people know too little, but that they know so many things that ain't so - Mark Twain

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^ Top    #57   3 Weeks Ago

Truckerjo Road Train Member   Last Seen: 6 Hours Ago 09.42 PM Member Since: Sep 2006 Location: Indiana Trucker? EX-5 Years Posts: 1,676 My Trucking Photos: 0 Thanks: 106 Thanked 199 Times in 121 Posts

Quote: Originally Posted by Ron-MARS Trucking No thanks.... That is like the "Wild, Wild, West" of trading. Practically no rules and the Institutional Traders look for the "Home Gamers" like a lion does an antelope. Exactly... but people still do it lol.. It is possible to make a lot of money doing it but WAY WAY WAY more of a possibility your going to lose A LOT

^ Top    #58   3 Weeks Ago

Cybergal Trucker Forum STAFF   Member Since: Jan 2006 Location: USA Trucker? Trucking Industry Posts: 19,326 My Trucking Photos: 27 Thanks: 624 Thanked 490 Times in 341 Posts My Truckers Blog : 10

Oil drops below $123 for a while, diesel drops slightly 7/25/08 Quote: NEW YORK — Oil prices fell sharply Friday, dropping at times below $123 for the first time in weeks as investors questioned whether prices have cooled off enough to reflect deteriorating demand. Light, sweet crude for September delivery fell $1.60 to $123.89 a barrel on the New York Mercantile Exchange. Earlier the contract dropped as far as $122.50, its lowest point since June 5. http://www.thetrucker.com/News/Stori...sslightly.aspx __________________ The Truckers Report Merchandise

^ Top    #59   3 Weeks Ago

Ronnocomot Pain In The ...   Last Seen: 4 Hours Ago 11.38 PM Member Since: Sep 2006 Location: IL Trucker? 4-Wheeler Posts: 6,753 My Trucking Photos: 0 Thanks: 8 Thanked 266 Times in 160 Posts

Quote: Originally Posted by Cybergal Oil drops below $123 for a while, diesel drops slightly 7/25/08 $100 by Thanksgiving (or sooner) doesn't sound so crazy now does it? Gee, where's Rex and his $200 a barrel been hiding? FYI, $122.60 and $122.00 are BIG numbers. $119 is HUGE. __________________ When Barack Obama talked about change, who knew he was referring to his mind.

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