Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

Free
Message: Re: Dollar/Oil correllation

Apr 14, 2010 01:20AM

Apr 14, 2010 07:14AM

Apr 14, 2010 10:13AM

Apr 14, 2010 10:13AM

Apr 14, 2010 10:52AM

Apr 14, 2010 12:06PM

Apr 14, 2010 12:19PM

Apr 14, 2010 02:38PM

Apr 14, 2010 04:54PM

Apr 14, 2010 05:40PM

'To me, I do not understand it how the markets keep going up"

Brian

Well, there is very simple reason for it. Massive injection of free money (several trillions of dollars) to rescue financial system created the unprecedented liquidity for financial institutions. Most of these 'new" money rushed to the stock market and created another bubble , this time sponsor by the governments around the world.

This is what you can do:

1.Rightfully complain about irrationality of this situation and stay in cash knowing that sooner or later created bubble obviously will burst.

2. Participate in this unprecedented opportunity and hope that you will be the lucky one who will cash in the profit in time before this new bubble will burst.

Since most of us here ( CLL shareholders) are pure gamblers, the option #2 make more sense. Is there any other option?

denby45, nice to here from you again. Good points about the dollar and oil relation, another mystery hedge funds play on the futures markets. How is the Dubai properties bubble going?


Apr 15, 2010 03:26AM
Share
New Message
Please login to post a reply