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Thread: Don't blame the oil 'speculators'

  1. #31 | Top
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    Quote Originally Posted by Superfreak View Post
    I bet many made money and many lost money.... probably around that 50% mark for each
    A little more skewed than that. Because of the transaction costs and spreads, it's a slightly less than zero-sum game.

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    Quote Originally Posted by Superfreak View Post
    I freely admit, I never thought we would see it back below $2

    Of course I never thought the dollar would strengthen this much in the face of our economic problems and all the fiat money we are printing to combat the problem.
    Yeah, I know, pretty soon you'll be paying me $25.. bwahaha!
    You Are Not So Smart Podcast - A celebration of Self-Delusion

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    Quote Originally Posted by Troglodyte27 View Post
    A little more skewed than that. Because of the transaction costs and spreads, it's a slightly less than zero-sum game.
    yes, thank you captain obvious.
    Quote from Cypress:
    "Scientists don't use "averages". Maybe armchair supertools on message boards ascribe some meaning to "averages" between two random data points. And maybe clueless amatuers "draw a straight line" through two random end data points to define a "trend". Experts don't.

    They use mean annual and five year means in trend analysis. Don't tell me I have to explain the difference to you. "

  4. #34 | Top
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    Quote Originally Posted by DigitalDave View Post
    Yeah, I know, pretty soon you'll be paying me $25.. bwahaha!
    ??? why is that?
    Quote from Cypress:
    "Scientists don't use "averages". Maybe armchair supertools on message boards ascribe some meaning to "averages" between two random data points. And maybe clueless amatuers "draw a straight line" through two random end data points to define a "trend". Experts don't.

    They use mean annual and five year means in trend analysis. Don't tell me I have to explain the difference to you. "

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    Quote Originally Posted by Superfreak View Post
    I freely admit, I never thought we would see it back below $2

    Of course I never thought the dollar would strengthen this much in the face of our economic problems and all the fiat money we are printing to combat the problem.
    Don't use the "f" word, its like honey to a moron...

  6. #36 | Top
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    Quote Originally Posted by Superfreak View Post
    I freely admit, I never thought we would see it back below $2

    Of course I never thought the dollar would strengthen this much in the face of our economic problems and all the fiat money we are printing to combat the problem.
    The paper loss of value tends to deflate. Also, all the other nations are also opening "lending" up by printing more fiat cash.
    Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but rather we have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit.
    - -- Aristotle

    Believe nothing on the faith of traditions, even though they have been held in honor for many generations and in diverse places. Do not believe a thing because many people speak of it. Do not believe on the faith of the sages of the past. Do not believe what you yourself have imagined, persuading yourself that a God inspires you. Believe nothing on the sole authority of your masters and priests. After examination, believe what you yourself have tested and found to be reasonable, and conform your conduct thereto.
    - -- The Buddha

    It is the mark of an educated mind to be able to entertain a thought without accepting it.
    - -- Aristotle

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    Quote Originally Posted by Threedee View Post
    Don't use the "f" word, its like honey to a moron...
    LMAO....
    Quote from Cypress:
    "Scientists don't use "averages". Maybe armchair supertools on message boards ascribe some meaning to "averages" between two random data points. And maybe clueless amatuers "draw a straight line" through two random end data points to define a "trend". Experts don't.

    They use mean annual and five year means in trend analysis. Don't tell me I have to explain the difference to you. "

  8. #38 | Top
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    Quote Originally Posted by Superfreak View Post
    yes, thank you captain obvious.
    I wasn't sure you knew that. Most people don't.

  9. #39 | Top
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    Quote Originally Posted by Troglodyte27 View Post
    I wasn't sure you knew that. Most people don't.
    He didn't.

    I have observed the Superfreak style of posting for some time now. One of the many things I have discerned, is that whenever he uses the phrase "captain obvious" it means he didn't know.

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    Quote Originally Posted by Darla View Post
    He didn't.

    I have observed the Superfreak style of posting for some time now. One of the many things I have discerned, is that whenever he uses the phrase "captain obvious" it means he didn't know.
    lol. u soooo funny. seriously... hilarious. Take it on the road.... literally... rush hour traffic perhaps?
    Quote from Cypress:
    "Scientists don't use "averages". Maybe armchair supertools on message boards ascribe some meaning to "averages" between two random data points. And maybe clueless amatuers "draw a straight line" through two random end data points to define a "trend". Experts don't.

    They use mean annual and five year means in trend analysis. Don't tell me I have to explain the difference to you. "

  11. #41 | Top
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    Quote Originally Posted by Superfreak View Post
    lol. u soooo funny. seriously... hilarious. Take it on the road.... literally... rush hour traffic perhaps?
    TTFN!

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    Quote Originally Posted by Troglodyte27 View Post
    TTFN!
    ??? what is TTFN?
    Quote from Cypress:
    "Scientists don't use "averages". Maybe armchair supertools on message boards ascribe some meaning to "averages" between two random data points. And maybe clueless amatuers "draw a straight line" through two random end data points to define a "trend". Experts don't.

    They use mean annual and five year means in trend analysis. Don't tell me I have to explain the difference to you. "

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    Quote Originally Posted by Superfreak View Post
    ??? what is TTFN?
    Ta-ta for now - Trigger.

  14. #44 | Top
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    Quote Originally Posted by Darla View Post
    Ta-ta for now - Trigger.
    damn friggin acronyms....

    BBB
    Quote from Cypress:
    "Scientists don't use "averages". Maybe armchair supertools on message boards ascribe some meaning to "averages" between two random data points. And maybe clueless amatuers "draw a straight line" through two random end data points to define a "trend". Experts don't.

    They use mean annual and five year means in trend analysis. Don't tell me I have to explain the difference to you. "

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