Gas $2.15 - TranceAddict Forums

TranceAddict Forums (www.tranceaddict.com/forums)
- USA - New York
-- Gas $2.15
Pages (2): « 1 [2]

Posted by Groundhog Boy on Oct-19-2006 00:45:

quote:
Originally posted by DJ_Lord
Groundhog Boy,
As you can see from the chart below, the bears pushed the contract lower for 10 consecutive weeks between July and September until the price was able to find support near $1.45 at the end of September. Now that the price is starting to consolidate around the support, we'd expect the energy bulls to start stepping back in, sending the price higher over the coming weeks.

Looks like party is over!

So I'm assuming your on board with the article I posted at the top of page 2 about the failures of the hedge fund speculation regarding the hurricane season and the annual supply-demand argument I made. You aren't on board with the election year price fixing arguments most people are making and that I could see validity for considering, in addition to the actual market forces most people would like to ignore, though.

By the way, what do all of the different colored lines represent, since there's no legend.

Posted by Aspy on Oct-19-2006 15:08:

in europe it is almost $6 per gallon. and also cars are extremelly expencive.

Posted by ColorDancer on Oct-19-2006 17:14:

$1.91 ...

Twenty bucks now FILLS my tank!

Posted by StanVoid on Oct-19-2006 17:31:

i miss driving.

Pages (2): « 1 [2]