A great explanation of oil price fluctuation

A great explanation of oil price fluctuation

PostBy: kootch88 On: Tue Jan 13, 2009 6:39 pm

I saw this recently and thought it explains very well the volatility of oil and other commodities. A long time ago I used to speculate on the futures market, before I had responsibilities that required I not have excess risk, which is inherent in the futures market. There were great and fast profits as well as losses just as great and quick to be had. I guess you could say I was one of the people causing the problem. Take a look.

http://www.wimp.com/bigdeal/
kootch88
 
Coal Size/Type: Rice
Stove/Furnace Make: Reading
Stove/Furnace Model: Lehigh

Re: A great explanation of oil price fluctuation

PostBy: billw On: Tue Jan 13, 2009 8:19 pm

Did you see the 60 minutes report about the oil futures market on Sunday? I never would have imagined Morgan Stanley was such a big player in the energy market.
billw
 
Stove/Furnace Make: EFM 520
Stove/Furnace Model: GOODBYE OIL COMPANY

Re: A great explanation of oil price fluctuation

PostBy: kootch88 On: Tue Jan 13, 2009 8:23 pm

That is what the attachment is of Bill. I saw it and was hoping I could find it posted.
kootch88
 
Coal Size/Type: Rice
Stove/Furnace Make: Reading
Stove/Furnace Model: Lehigh


Re: A great explanation of oil price fluctuation

PostBy: billw On: Tue Jan 13, 2009 8:26 pm

I couldn't get the attachment to open.
billw
 
Stove/Furnace Make: EFM 520
Stove/Furnace Model: GOODBYE OIL COMPANY