tag:blogger.com,1999:blog-7444476276287180978.post5501651221454690083..comments2023-11-20T05:15:20.137-05:00Comments on Behind the Headlines: Oil Gushes HigherMichael Kahnhttp://www.blogger.com/profile/10668546349672243203noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7444476276287180978.post-57873131953196612962009-10-29T21:18:41.956-04:002009-10-29T21:18:41.956-04:00Just remember demand is at 2005 levels....Just remember demand is at 2005 levels....GS751https://www.blogger.com/profile/12104712741442133837noreply@blogger.comtag:blogger.com,1999:blog-7444476276287180978.post-47773057306476721222009-10-18T13:01:03.738-04:002009-10-18T13:01:03.738-04:00I got it. So...if this is really speculation, wit...I got it. So...if this is really speculation, with presumably no fundamental basis, isn't there a great big short sale play in this kind of market?<br /><br />I wouldn't care who would be holding the bag,spec's or my neighbor :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7444476276287180978.post-16266995594813093152009-10-18T12:38:58.295-04:002009-10-18T12:38:58.295-04:00That was Washington's reason - the speculators...That was Washington's reason - the speculators. It is also saying something like "profit taking." There is someone on the other side of that trade who is buying.<br /><br />But in any market, when there is a trend one side or the other is more aggressive in their activities. What is bought is always sold so you will likely see more trades taking place at the ask in a rally than on the bid.Michael Kahnhttps://www.blogger.com/profile/10668546349672243203noreply@blogger.comtag:blogger.com,1999:blog-7444476276287180978.post-38920421306833889242009-10-18T12:15:09.390-04:002009-10-18T12:15:09.390-04:00Michael--
I'm looking forward to your new edit...Michael--<br />I'm looking forward to your new edition--I didn't even know you a first edition :)<br /><br />When you talk about "the speculators" driving up the price of oil, how does that happen? Someone is always on the other side of the trade. Are they losing their shirts and pants--who are they?<br /><br />If this can be done (profitably), why are other people running up (or down) soybeans, nat gas, anything?Anonymousnoreply@blogger.com