tag:blogger.com,1999:blog-37433435.post352718098234721100..comments2024-01-29T01:52:07.363-05:00Comments on Kevin's Market Blog: Crude Oil Continues To Move LowerKevinhttp://www.blogger.com/profile/10858224918246729626noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-37433435.post-90463186495193902142008-12-23T22:31:00.000-05:002008-12-23T22:31:00.000-05:00These low prices are good for now, but not for the...These low prices are good for now, but not for the future! Think about the investment in future output that won't happen now. Then we will have a new crisis.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37433435.post-61080309292283808682008-12-23T14:13:00.000-05:002008-12-23T14:13:00.000-05:00Not sure what you mean...I am short the Q'sNot sure what you mean...I am short the Q'sKevinhttps://www.blogger.com/profile/10858224918246729626noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-39381960076198997682008-12-23T10:18:00.000-05:002008-12-23T10:18:00.000-05:00Kevin, So something about "distributions" happened...Kevin, <BR/><BR/>So something about "distributions" happened to QID and SMN today, I am sure it stopped your position out... but what does it mean?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37433435.post-11374270153466487842008-12-19T12:37:00.000-05:002008-12-19T12:37:00.000-05:00Couple things, Kevin. The exponential rise in vol...Couple things, Kevin. The exponential rise in volume is a significant indicator of a mania chart being unwound. Until this volume subsides, oil is a sell IMO. There can be no doubt that oil was a speculative mania at this point...<BR/><BR/>Also, yeah, lower oil prices are great and everything but they indicate a global economy in massive decline so if you have plenty of cash or are living on aAnonymousnoreply@blogger.com