• 19 Dec 2008 at 9:23 AM

OPanEC

By Equity Private

oil3.png
(Note: This is the ETN, not the per-barrel price).

Comments (14)

  1. 1
    Posted by guest | December 19, 2008 at 9:28 AM

    widepec

  2. 2
    Posted by guest | December 19, 2008 at 9:30 AM

    Crude futures hit 33.44 before the open… 34.60ish right now.. OPEC shmopec

  3. 3
    Posted by guest | December 19, 2008 at 9:38 AM

    etf

  4. 4
    Posted by trojan | December 19, 2008 at 9:45 AM

    grab your bollocks
    time for long dxo

  5. 5
    Posted by guest | December 19, 2008 at 9:48 AM

    3, you’re an idiot.

  6. 6
    Posted by guest | December 19, 2008 at 9:52 AM

    holy shit, 3 is dumb.

  7. 7
    Posted by guest | December 19, 2008 at 9:55 AM

    Has anyone read the trust documents for the DXO? Does it tend to 0 or do they ever pull the plug on it and restart?

  8. 8
    Posted by guest | December 19, 2008 at 9:57 AM

    today is expiration on spot contract, so liquidity is aweful. next month out is trading 42 bucks. refining margins r starting to come back so crude might find a floor at these levels

  9. 9
    Posted by trojan | December 19, 2008 at 10:00 AM

    http://dictionary.reference.com/browse/sarcasm
    there you guys go. sorry didn’t realize they blocked that site at your firms.

  10. 10
    Posted by guest | December 19, 2008 at 10:29 AM

    BITCH! SPREAD THE BUTT CHEEKS SO I CAN SMELL THE JUICY INSIDES!

  11. 11
    Posted by SOFA KING | December 19, 2008 at 11:53 AM

    @8, forget CL, HO and RB over the next two weeks… that is when the fun begins.

  12. 12
    Posted by guest | December 19, 2008 at 12:15 PM

    go on and crack dat shit, roll dat shit out, long dat spark shit homes and den take dat long side of da crude when dat bottom drop ta 23.00 cuz

  13. 13
    Posted by carrytrade | December 19, 2008 at 12:41 PM

    I prefer to call it an OPEC freak out. And now, Russia might be more screwed than they already are.
    http://deltahedged.com/2008/12/17/opec-agrees-that-it-intends-to-cut-oil-production/

  14. 14
    Posted by guest | December 19, 2008 at 3:47 PM

    @12 commentary from Wu-Tang Financial.
    Diversify your bonds, bitch.

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