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I wonder what one of Obamas buddies shorted oil and is making a killing today..
Ohhh my gosh.....you don't think...? nahh couldn't be. Have to get those poll numbers up for 2012. However lets not produce any more let's just drain the strategic reserves. Hey that sounds like a splendid idea.
Last edited by Pretzelogik; 06-23-2011 at 10:10 AM..
Um.. we're discussing TODAYS reaction, why would I not look at todays results
You are insistent that you are only talking about today, when you've cherry picked articles from March to support your claim?
Today's reaction is easy: oil went down, and so did stocks. That was already established. What we were in discussion about is how this is not exactly the first time this has happened, and that it has happened multiple times in the past. You are the one claiming a ridiculously simple oil down=stocks up mechanism that IS NOT TRUE, and then blaming today's difference on Obama.
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Again, why would we look at 3 months of data to analize an event that happened today? Posting DJIA, NASDAQ, S&P results is not cherry picking results, they happen to be industry standard.
Because you are trying to change the subject... and I've been the one posting DJIA over a period of time, not you. You are trying to direct evidence via individual stocks such as UPS and AA, or cherry picking individual days where your point stands when in fact it is in the minority in recent times.
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FAIL again. You cant chart out 3 months of activity for an event that happened today
Once again, you are trying to change the subject.
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babble babble babble, nothing of substance.. I love these conversations..
...talking into a mirror?
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Again, DJIA, NASDAQ, and S&P isnt cherry picking data. Did I pull out two random companies that have a high fuel expense on their balance sheets, yes, but thats to dumb the thread down for those of you that seem to have difficulty understanding the full picture.
Cherry picking individual days in the past where lower oil prices=higher stocks IS, though, and shows a fundamental misunderstanding of a trend.
Who is the one posting the full picture in graphs? Not you.
Go back and read the article from the Cleveland Federal Reserve I posted. The point is that there is NO RELATIONSHIP between stock prices and oil prices, and there have been plenty of times where they have been in sync with each other AS I SHOWED IN THE GRAPH I POSTED. Really, you need to pay attention.
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AGAIN I ask you, why would oil prices falling, equate to lower stock prices for UPS, or American Airlines, since they have a very high fuel cost on their balance sheet? You havent even begun to try to answer this question.. I know why, BECAUSE IT CANT.. It makes absolutely positively no economic sense that lower fuel costs = higher profits, yields a lower stock price.. NONE!!
BECAUSE WE ARE NOT TALKING ABOUT INDIVIDUAL COMPANIES! Individual companies do not make an entire stock market! If you do not understand this, you really need to stop discussing it.
Location: planet octupulous is nearing earths atmosphere
13,621 posts, read 12,738,345 times
Reputation: 20050
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Originally Posted by Pequaman
Oil down over 5% to $90/bbl. Obama pulling out all the stops...releasing 30 Million barrels and pulling 30k troops.
Speculators crushed.
Effectively a major tax cut.
Stocks tumbles on concerns about economic slowdown - Yahoo! Finance (http://finance.yahoo.com/news/Wall-Street-drops-at-open-on-rb-3592006168.html;_ylt=Aml0t2ny9ebrzj4GTefXpKa7YWsA; _ylu=X3oDMTE1amdvZ2FuBHBvcwMzBHNlYwN0b3BTdG9yaWVzB HNsawNkb3dmYWxsczIwMG8-?x=0&sec=topStories&pos=main&asset=&ccode= - broken link)
you do realize that the united states of america burns like 20 million barrels a day.. so 30 thousand barrels amouts to 1.5 days of consumption.. it's like giving a heroin addict a quick shot in the arm..
Last edited by cruxan; 06-23-2011 at 10:14 AM..
Reason: add shot in the head, opps arm..
You are insistent that you are only talking about today, when you've cherry picked articles from March to support your claim?
I posted other periods of times to show how oil prices have dropped, and the stock market has gone up.. I did that because ITS NORMAL for one to go up while others go down.
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Originally Posted by psulions2007
Today's reaction is easy: oil went down, and so did stocks. That was already established. What we were in discussion about is how this is not exactly the first time this has happened, and that it has happened multiple times in the past.
Its happened over a period of time but rarely on the days that its happened. AGAIN STAY FOCUSED..
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Originally Posted by psulions2007
You are the one claiming a ridiculously simple oil down=stocks up mechanism that IS NOT TRUE, and then blaming today's difference on Obama.
Oooh I got the reason for the non stop bs from you.. You think I blamed Obama.. I DID NOT.. for gods sakes stop the non stop bull crap...
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Originally Posted by psulions2007
Because you are trying to change the subject... and I've been the one posting DJIA over a period of time, not you. You are trying to direct evidence via individual stocks such as UPS and AA, or cherry picking individual days where your point stands when in fact it is in the minority in recent times.
No, you are the one that changed the discussion from what happens normally on days oil drops to over a period of time.. AGAIN did I use UPS and AA as examples, YES.. trying to dumb down the conversation for you, but it seems even that is to difficult..
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Originally Posted by psulions2007
Once again, you are trying to change the subject.
What the hell are you talking about? I STARTED the subject
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Originally Posted by psulions2007
Cherry picking individual days in the past where lower oil prices=higher stocks IS, though, and shows a fundamental misunderstanding of a trend.
HELLO? ANYONE HOME? NO ONE IS DISCUSSING A TREND. We are talking about historically, when days oil drops, stocks go up.
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Originally Posted by psulions2007
Who is the one posting the full picture in graphs? Not you.
So we need to dumb down the conversation to pictures for you to comprehend?
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Originally Posted by psulions2007
Go back and read the article from the Cleveland Federal Reserve I posted. The point is that there is NO RELATIONSHIP between stock prices and oil prices, and there have been plenty of times where they have been in sync with each other AS I SHOWED IN THE GRAPH I POSTED. Really, you need to pay attention
Actually it seems YOU need to pay attention because again, we're discussing DAYS when oil drops, stocks normally go up.. No one is discussing over a period of time.
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Originally Posted by psulions2007
BECAUSE WE ARE NOT TALKING ABOUT INDIVIDUAL COMPANIES! Individual companies do not make an entire stock market! If you do not understand this, you really need to stop discussing it.
HELLO? THE DJIA, NASDAQ, AND THE S&P ARE ALL DOWN But lets ask again..
AGAIN I ask you, why would oil prices falling, equate to lower stock prices for UPS, or American Airlines, since they have a very high fuel cost on their balance sheet? You havent even begun to try to answer this question.. I know why, BECAUSE IT CANT.. It makes absolutely positively no economic sense that lower fuel costs = higher profits, yields a lower stock price.. NONE!!
YOU CANT ANSWER, CAN YOU? Dont tell me that we arent discussing individual stocks because I AM.. If you dont want to enter into the discussion DONT.. YOU choose not to talk about individual stocks, but yet when I discuss DJIA, NASDAQ, S&P you dont want to discuss them either. You dont get to tell me what to discuss, you arent my boss, I havent had one of those in 10+ years..
I posted other periods of times to show how oil prices have dropped, and the stock market has gone up.. I did that because ITS NORMAL for one to go up while others go down.
You posted a few. I posted a graph where the majority of times the opposite was true.
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Its happened over a period of time but rarely on the days that its happened. AGAIN STAY FOCUSED..
What the hell? As the graph showed, it's happened a majority of times recently.
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Oooh I got the reason for the non stop bs from you.. You think I blamed Obama.. I DID NOT.. for gods sakes stop the non stop bull crap...
No, you are the one that changed the discussion from what happens normally on days oil drops to over a period of time.. AGAIN did I use UPS and AA as examples, YES.. trying to dumb down the conversation for you, but it seems even that is to difficult..
You did blame Obama through your multiple postings. My point is to prove that what you are claiming, that it is normal, is patently false. It has been proven that THERE IS NO RELATIONSHIP between stock prices and oil prices. Ugh.... and yet you still can't understand that UPS and AA are cherry picked data that happens to fit your ideas while ignoring the larger market. Hey, I can cherry pick data too! Why don't I bring in Shell Oil or Exxon to show how when oil prices go up, so do their stocks!! Hmm, I wonder why that is!?
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What the hell are you talking about? I STARTED the subject
Dived into the deep end without learning how to swim is more like it.
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HELLO? ANYONE HOME? NO ONE IS DISCUSSING A TREND. We are talking about historically, when days oil drops, stocks go up.
Which is not true at all, there is no such relationship.
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So we need to dumb down the conversation to pictures for you to comprehend?
I'm sure you'd just cherry pick some data into graphs that happily fit your ideas.
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Actually it seems YOU need to pay attention because again, we're discussing DAYS when oil drops, stocks normally go up.. No one is discussing over a period of time.
Days are periods of time, in case you didn't know that.... and guess what? There have been plenty of instances where the opposite was the case. Oops.
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HELLO? THE DJIA, NASDAQ, AND THE S&P ARE ALL DOWN But lets ask again..
That has already been established.
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AGAIN I ask you, why would oil prices falling, equate to lower stock prices for UPS, or American Airlines, since they have a very high fuel cost on their balance sheet? You havent even begun to try to answer this question.. I know why, BECAUSE IT CANT.. It makes absolutely positively no economic sense that lower fuel costs = higher profits, yields a lower stock price.. NONE!!
YOU CANT ANSWER, CAN YOU? Dont tell me that we arent discussing individual stocks because I AM.. If you dont want to enter into the discussion DONT.. YOU choose not to talk about individual stocks, but yet when I discuss DJIA, NASDAQ, S&P you dont want to discuss them either. You dont get to tell me what to discuss, you arent my boss, I havent had one of those in 10+ years..
You can't discuss individual stocks when looking at an entire stock market. You are taking what the DJIA is doing, looking at two stocks that are highly affected by oil prices, and then applying it to the market as a whole over time. That is illogical and shows a fundamental misunderstanding of the way the markets work. As I said, I could take oil companies with your same logic to "show" that the opposite is true. You need to stop throwing a temper tantrum when you are on the losing side of an argument (one you have already lost multiple times). I've discusses the DJIA plenty. I posted a graph of it, for God's sake. I posted an article from the Cleveland Federal Reserve Bank that discusses that there is no trend between the S&P and oil prices. You need to quit lying about what I am saying, pay attention, and admit you are wrong instead of acting like a three-year old.
You posted a few. I posted a graph where the majority of times the opposite was true.
No you didnt. You posted a graph showing over a period of months, they even out, but thats not the discussion.. You are having a lot of difficulty following along. AGAIN, Days that oil prices drop, NORMALLY, the stock market rallies.. Showing me MONTHS doesnt do anything in regards to the discussion about DAYS..
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Originally Posted by psulions2007
What the hell? As the graph showed, it's happened a majority of times recently.
See above, try to stay focused.. I know you are so busy with your "defending Obama" that you cant even enter into the discussion..
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Originally Posted by psulions2007
You did blame Obama through your multiple postings.
I did not. There is a difference between stating how he will benefit, or reasons for the action vs sighting blame..
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Originally Posted by psulions2007
My point is to prove that what you are claiming, that it is normal, is patently false.
Your point is that you dont even understand the point.
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Originally Posted by psulions2007
It has been proven that THERE IS NO RELATIONSHIP between stock prices and oil prices.
There is a psychological aspect with lower oil prices and history has shown this to equate to people buying stocks that profit from low oil prices.. But you cant comprehend this I guess because you're still too busy trying to argue with me because you love Obama
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Originally Posted by psulions2007
Ugh.... and yet you still can't understand that UPS and AA are cherry picked data that happens to fit your ideas while ignoring the larger market.
HELLO? I KEEP POSTING THE RESULTS OF THE LARGER MARKET, YOU'RE IGNORING THEM..
DJIA DOWN
NASDAQ DOWN
S&P 500 DOWN
AGAIN, when oil prices drop, companies that have high oil costs, usually go UP because it means MORE PROFIT.. That is what the stock market is about after all.
Had you listed to me this morning when I started discussing the thread, you would have saved yourself the embarassment of being wrong.
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Originally Posted by psulions2007
Hey, I can cherry pick data too! Why don't I bring in Shell Oil or Exxon to show how when oil prices go up, so do their stocks!! Hmm, I wonder why that is!?
Yeah, lets pick stocks that will profit when the government has to repurchase their supplies, yeah, that'll show me how right I was when I made that statement.. ooh the humor
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Originally Posted by psulions2007
Dived into the deep end without learning how to swim is more like it.
Except for the fact that I now have reporters writing story about the exact same thing I noted a very long time ago.. Maybe you should have stayed in the kiddy pool..
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Originally Posted by psulions2007
Which is not true at all, there is no such relationship.
Your chart doesnt even show that.. AGAIN, we're discussing DAYS where oil DROPS, especially substantially.. if you cant follow along with the topic, then dont respond
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Originally Posted by psulions2007
I'm sure you'd just cherry pick some data into graphs that happily fit your ideas.
Yeah, DJIA, NASDAQ, S&P 500 quotes, to you = cherry picking data.. Ironically, didnt you use one of these for your chart as well?
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Originally Posted by psulions2007
Days are periods of time, in case you didn't know that.... and guess what? There have been plenty of instances where the opposite was the case. Oops.
So you think everyday is similar to todays price change in oil? No wonder why you are having such difficulty with the thread
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Originally Posted by psulions2007
That has already been established
I guess they have been cherry picked by the rest of the world, just to prove you wrong.. its a big wide vast conspircy of the investment community, to embarass an anonymous internet poster named psulions2007.. I get it.. You are too much
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Originally Posted by psulions2007
You can't discuss individual stocks when looking at an entire stock market. You are taking what the DJIA is doing, looking at two stocks that are highly affected by oil prices, and then applying it to the market as a whole over time. That is illogical and shows a fundamental misunderstanding of the way the markets work. As I said, I could take oil companies with your same logic to "show" that the opposite is true. You need to stop throwing a temper tantrum when you are on the losing side of an argument (one you have already lost multiple times). I've discusses the DJIA plenty. I posted a graph of it, for God's sake. I posted an article from the Cleveland Federal Reserve Bank that discusses that there is no trend between the S&P and oil prices. You need to quit lying about what I am saying, pay attention, and admit you are wrong instead of acting like a three-year old.
So again you have no answer why stocks that rely heavily upon oil, would drop, even though this would equate to higher profits? Spare me the 5 year old, attacks and discuss the question, because history has shown me that when you start to babble on and on about things like temper tantrums, against others for simply posting FACTS, that others are now questioning in the financial community, you have no answers.
Why dont you contact every single newspaper questioning the same thing I said this morning, and tell them you are smarter then the rest of the world, and ask them to not cherry pick data to show Obama in a bad light.
Last edited by pghquest; 06-23-2011 at 12:46 PM..
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