Tuesday, June 10, 2008

Oil's Sixth Largest Point Drop!

If someone told you oil had its sixth largest point drop in over 20 years today, you wouldn't expect the chart to look like the one below, but after gains of $5.5 and $10.75 last Thursday and Friday, you have to squint to see today's loss of over four dollars.

Oillast_12_months_2

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Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.