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  1. Thread: OIL..

    by Ryanferr
    Replies
    1,759
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    2,758,420

    I would provide a friendly word of caution on oil...

    I would provide a friendly word of caution on oil ETFs based on the way they are structured. Most, like USO which is the most popular, buy oil contracts in the futures market. When oil is in...
  2. Thread: OIL..

    by Ryanferr
    Replies
    1,759
    Views
    2,758,420

    Ah okay, guess I am a bit confused as to why we...

    Ah okay, guess I am a bit confused as to why we invoked the Fed. But anyway, I don't think I am an apologist, just that mostly everyone here has an unjustified hatred towards the Fed. I think it is...
  3. Thread: OIL..

    by Ryanferr
    Replies
    1,759
    Views
    2,758,420

    Just wasn't sure if you were making an argument...

    Just wasn't sure if you were making an argument or just providing an opinion on how you feel. Hopefully the latter. Also, I work for the Fed now? I thought I was in the 1% earlier in another thread...
  4. Thread: OIL..

    by Ryanferr
    Replies
    1,759
    Views
    2,758,420

    Um...okay?

    Um...okay?
  5. Thread: OIL..

    by Ryanferr
    Replies
    1,759
    Views
    2,758,420

    You can't reason from a price change. Reductions...

    You can't reason from a price change. Reductions in prices due to supply impacts or production improvements is one thing....reduction in prices due to unexpected demand shocks is another. Prices...
  6. Thread: OIL..

    by Ryanferr
    Replies
    1,759
    Views
    2,758,420

    Gotta love it!

    Gotta love it!
  7. Thread: OIL..

    by Ryanferr
    Replies
    1,759
    Views
    2,758,420

    Apache just found a ton of oil and gas in Texas....

    Apache just found a ton of oil and gas in Texas. What a time to be alive.
  8. Thread: OIL..

    by Ryanferr
    Replies
    1,759
    Views
    2,758,420

    It's nuts. I remember when oil started going down...

    It's nuts. I remember when oil started going down I dialed into some oil webinars and all the guys in Texas were saying they thought we would hit $60 then stabilize around $80. To think sub $20 is a...
  9. Thread: OIL..

    by Ryanferr
    Replies
    1,759
    Views
    2,758,420

    Filled up for $1.35 in SC over the weekend....

    Filled up for $1.35 in SC over the weekend. Really glad they rejoined the union.
  10. Thread: OIL..

    by Ryanferr
    Replies
    1,759
    Views
    2,758,420

    Be careful with NADL and SDRL....they both carry...

    Be careful with NADL and SDRL....they both carry pretty significant debt burdens. NADL and SDRL will likely move together. I've been lured into the SDRL trap myself and it has not gone well :/
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