HOU

DISCUSSION STARTED BY: panafred - February 5th, 2009 - 11:33 AM

+931

Recent strength in the averages have given us a nice rally from a new low this morning of 6.89 up to 7.45 now. Any thoughts on if it will top out here and present us with a new low a couple of days from?

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10 points

BY: Iverson - July 21st, 2009 - 10:54 AM

+1071

Re: HOU

http://www.cnbc.com/id/32026457

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1 point

BY: Iverson - July 21st, 2009 - 10:52 AM

+1071

Re: HOU

I don't know if any of you saw the grilling Bernanke got from congress today but he basically got called out and had no way of denying inflation was coming. This is good for all commodities but it will take some time.

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0 points

BY: Iverson - July 21st, 2009 - 10:44 AM

+1071

Re: HOU

yup

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0 points

BY: palmdesert - July 20th, 2009 - 1:27 PM

+111

Re: HOU

I feel we are going to trade up and down just like the markets for about a year or maybe two. Little rallies and little falls.

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1 point

BY: Alicias - July 20th, 2009 - 12:52 PM

+236

Re: HOU

Small case of contango this month with the wSeptember contracts trading above $65.00. Oil has a nice cup and handle formation happening. Looks like a rally this week is likely.

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2 points

BY: Whenindoubt - July 20th, 2009 - 10:08 AM

+619

Re: HOU

Nope it's stil moving with the market. Take a second look. The US dollar is down which also helps.

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0 points

BY: Iverson - July 20th, 2009 - 9:00 AM

+1071

Re: HOU

The market is doing well but oil is flat. This is the first time in a long time where oil hasn't rallied along side the market. The may be the break of a long trend.