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TFC Commodity Trading Forum

Re: Chit officially hitting the fan

Referencing West Texas Intermediate and RBOB .... How some retail prices, yesterday afternoon, were unchanged from two weeks ago. If crude rallies two bucks, prices jump well over a dime ... that same day.

I can remember when crude dropped to ten dollah, no hollah .... Following booshie the first's shock and awe.

Everyone was expecting crude to fly to the moon. A cash trader, for Exxon, booked millions of gallons at fifty bucks the very night it started.

The plummet from thirty to ten ... took about three months.

Well, we're under thirty again ..... Can we make 'er to ten?

The toilet paper .... My wife went to Costco, the middle of last week, and came back shocked. The large flat carts .... people had loaded them with paper towels and toilet paper. Lots and lots of toilet paper. What's the deal with some new strain of a flu virus and toilet paper?

With some, it's stocking up on ammunition. Others? Forkin' toilet paper.

And, remember, those hoarding toilet paper actually vote. How else do you think we could have gotten obimbo?