Josh !
The date is on the email.. I was buying really quite heavy and although I have a average price of 5.75$ I am going to start to reduce my margine.I do not want to take a sudden hit.I am getting out.It was a nice run ,but greed is a killer.
Saturday, July 24, 2010
Oil moves fast
Oil price at their current price
From: Edward H.C Graydon
To: rube@sympatico.ca
Date: Mon, Jul 5, 2010 at 4:48 PM
Subject: Oil price at their current price
Mailed-by: gmail.com
I am very surprised by the current Oil prices, and I am shocked that we are not at least over $100 per barrel. The fact that the prices of Oil are dropping during the Gulf coast spill to me is even more of a disappointment and should reflect the cost to the environment {should being my opinion} I am one who hopes for higher prices on the grounds that I am in Oil {HOU.UN} more than that higher prices are a benefit to change. I try to do my best to not drive and believe that maybe only the rich should drive. The price of Oil in my mind is going to fly in the next few months due to a political move somewhere in the world; but this is only hopeful thinking. My mind was changed forever after spending four months in China, the Chinese are nuts about the car to the point of ignoring self preservation .I love Shanghai, but find that if the Chinese do not reduce their dependence on driving ,is it not a form of self induced suicide? Or is it negligence of the government? No matter what people say about Oil now as an investment, I cannot resist as it was $145 not that long ago and time moves quickly and when it does decide to move up again it is really going to move. I am not coin: in it at the moment on Oil. But I see money at a later date, when I might need the money for another issue,"for now I do not, and think it is going to rise just as fast as it has fallen back”. I am better of two months early then one day late getting in.
My question to you
Do you believe that Iran and the Middle East can affect the price in a sudden way!
The fact that the consumer is more aware of the industry issues, if the price where to climb to $145 would they be more accepting of the price and would this be a blessing to the industry to raise the price. Would there be more acceptances from the consumer.
Am I nuts! to believe that what I see in China can not possible carry on without having long term problems for all countries and people on this planet.
Have you been to China and have you seen, firsthand the problems facing that country?
Thank you
I received your email from The Globe and Mail
Edward H.C Graydon
From: Edward H.C Graydon
To: rube@sympatico.ca
Date: Mon, Jul 5, 2010 at 4:48 PM
Subject: Oil price at their current price
Mailed-by: gmail.com
I am very surprised by the current Oil prices, and I am shocked that we are not at least over $100 per barrel. The fact that the prices of Oil are dropping during the Gulf coast spill to me is even more of a disappointment and should reflect the cost to the environment {should being my opinion} I am one who hopes for higher prices on the grounds that I am in Oil {HOU.UN} more than that higher prices are a benefit to change. I try to do my best to not drive and believe that maybe only the rich should drive. The price of Oil in my mind is going to fly in the next few months due to a political move somewhere in the world; but this is only hopeful thinking. My mind was changed forever after spending four months in China, the Chinese are nuts about the car to the point of ignoring self preservation .I love Shanghai, but find that if the Chinese do not reduce their dependence on driving ,is it not a form of self induced suicide? Or is it negligence of the government? No matter what people say about Oil now as an investment, I cannot resist as it was $145 not that long ago and time moves quickly and when it does decide to move up again it is really going to move. I am not coin: in it at the moment on Oil. But I see money at a later date, when I might need the money for another issue,"for now I do not, and think it is going to rise just as fast as it has fallen back”. I am better of two months early then one day late getting in.
My question to you
Do you believe that Iran and the Middle East can affect the price in a sudden way!
The fact that the consumer is more aware of the industry issues, if the price where to climb to $145 would they be more accepting of the price and would this be a blessing to the industry to raise the price. Would there be more acceptances from the consumer.
Am I nuts! to believe that what I see in China can not possible carry on without having long term problems for all countries and people on this planet.
Have you been to China and have you seen, firsthand the problems facing that country?
Thank you
I received your email from The Globe and Mail
Edward H.C Graydon
Thursday, July 22, 2010
The Pan Am stadium at the Harbour front .
This site is usually reserved for banking issues , but I am posting my opinion here because it is financial in theme. If the current mayor and councilors decide to move forward with this plans ,it will destroy this city.The problem is that by building a mega stadium their it brings the traffic count and development idea closer and closer to the Durand neighbour hood and Aberdeen and bay area were people are enjoying the peace and quite. In time you will have a hard time to stop the progress, and that area as time goes on will become a parking lot for games.I can not believe that people want to reverse the progress, that was in place to make downtown more pedestrian friendly ,I mean does that not go against the idea of renewal ,I believe it is political suicide and will be the complete down fall of this city if it is approved.I also can not believe that given that the tiger cats do not want to be there, that it is still being considered. I believe that if this development goes through it will destroy our city..I am opposed to this project 100% and believe that there are far better alternatives for the site .
If the current politicians can not listen to Bob Young ,do you think they will listen to you?and even if it is approved it is bad for the Durand,if I can walk from Aberdeen and Bay to the market to spend $30 0n vegatables ,I believe that people will park in the Durand area ,and walk down to the stadium to save a $25
If the current politicians can not listen to Bob Young ,do you think they will listen to you?and even if it is approved it is bad for the Durand,if I can walk from Aberdeen and Bay to the market to spend $30 0n vegatables ,I believe that people will park in the Durand area ,and walk down to the stadium to save a $25
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