![]() |
I'm cautiously optimistic that oil will continue down. It broke a key support level at 131 and now techincal analysts say it could move to 115 in short order. Go to Google Finance, get a quote for the USO, select the YTD graph, and you will notice the trend line for oil has been broken. In all past pullbacks, oil hit its trendline support and bounced back to new highs. This time it plowed right through. Of course now that I've written this, oil will spike six dollars tomorrow. It's good to see some encouraging news though.
|
You know what else would save money?
Selling your boat and trailer. |
Originally Posted by contrails
(Post 427748)
Is that the 16000 foot one? I forget.
|
Originally Posted by Whacker77
(Post 427970)
I'm cautiously optimistic that oil will continue down. It broke a key support level at 131 and now techincal analysts say it could move to 115 in short order. Go to Google Finance, get a quote for the USO, select the YTD graph, and you will notice the trend line for oil has been broken. In all past pullbacks, oil hit its trendline support and bounced back to new highs. This time it plowed right through. Of course now that I've written this, oil will spike six dollars tomorrow. It's good to see some encouraging news though.
|
Originally Posted by cfii2007
(Post 427974)
That's a pretty long run.........
|
Originally Posted by POPA
(Post 427973)
You know what else would save money?
Selling your boat and trailer. POPA, good job missing my point. Also my wife and I make enough money to not sweat the gas, but we do in order to create a better future for us and our family. |
You are a professional bass fisherman in addition to commuting all the way across the country?
Sign me up for that job. Well, at least the first part of it... |
JetJock, That's actually a very well thought out plan. Unfortunately not everywhere has mass transit, believe me if we had it here I'd use it for everything. Maybe that's another benefit of high oil, if we're not idiots about it maybe we can build more infrastructure. And maybe we can come up with some other useful crap..has anybody seen the new compressed air cars...how is that not a good idea?
|
If you actually want lower gas prices you gotta let Washington know. Write to your representative, heres a link if you don't know who it is...https://forms.house.gov/wyr/welcome.shtml
|
Originally Posted by BoilerUP
(Post 427986)
You are a professional bass fisherman in addition to commuting all the way across the country?
Sign me up for that job. Well, at least the first part of it... I'm a very lucky man. She's hot, loves to fish, supports me in whatever I choose to do, she makes a lot more money than I do, she's a great mom and loyal wife. What more could a man want. |
| All times are GMT -8. The time now is 12:38 PM. |
Website Copyright © 2026 MH Sub I, LLC dba Internet Brands