Posted on 09/17/2012 11:21:29 AM PDT by blam
Oil Just Tanked Out Of Nowhere...
Joe Weisenthal
September 17, 2012
Trying to get to the bottom of this.
Oil just tanked.
Here's the USO (ETF), which is a decent intraday proxy, falling nearly 3% in a flash.
There's some chatter it's a fat finger, and others wondering if there's some kind of Strategic Oil Petroleum related news.
More to come as we figure it out.
(Excerpt) Read more at businessinsider.com ...
So now we can expect prices at the pump to plummet as well, right? /s
If Romney wins in November, as he should, gasoline will probably hit $2.50/gal. by Spring.
QUADRUPLE WITCHING FRIDAY hits this week. A day on which contracts for stock index futures, stock index options, stock options and single stock futures (SSF) all expire.
Everybody trying to reposition.
It always happens that way, the retail investor has no chance.
Fat Chance. Romney will go after Iran. No doubt, Romney better candidate by far. Only problem Romney changes positions like the wind.
Should we let Iran become a nuclear power? It’s bad enough that Pakistan and the DPRK already are.
$96.18 ▼0.44 0.46%
15:03 PM EDT - 2012.09.17
QE-Infinity. Heli-Benanke. Buy low, sell high.
Just more evidence the markets are manipulated. Pull the bids, close out the stops, move it back up and play the game some where else next time.
I don’t disagree but to say gallon of gas will be cheaper with Romney is incorrect.
Something strange is going on, that seems assured.
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