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Bulls Ignore Warnings Head Back To The Feedbag

Discussions about the economic and financial ramifications of PEAK OIL

Bulls Ignore Warnings Head Back To The Feedbag

Unread postby deMolay » Wed 07 Oct 2009, 07:50:46

Who will be right, the skeptics on the market or the bulls who have their noses in the feedbag. http://finance.yahoo.com/techticker/art ... r-Skeptics
"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
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Re: Bulls Ignore Warnings Head Back To The Feedbag

Unread postby SeaGypsy » Wed 07 Oct 2009, 07:59:09

The dollar is flat (since yeasterday's dive) against pretty much everything. Next move: South.
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Re: Bulls Ignore Warnings Head Back To The Feedbag

Unread postby efarmer » Wed 07 Oct 2009, 12:46:46

Feed a panic and starve a grand illusion?
No feed a grand illusion and starve a panic!
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Re: Bulls Ignore Warnings Head Back To The Feedbag

Unread postby TreebeardsUncle » Wed 07 Oct 2009, 21:39:43

Well, I just used recent bad news about unemployment delaying the recovery to pick up some Freeport Mcmorran Copper and Gold
at $68.xx and then $65.xx, the last just this past Thursday. FCX climbed over $72 today and should open over $73 tomorrow based
on the bid and ask listings. I have been selling already, gaining over 10% in less than a week. That is more than most people
gain in 2 years. Am getting out of oil and into metals, specifically FCX, Rio Tinto Vale (VALE), and Southern Copper (PCU).

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