On June 3, George Soros said oil prices will not “crash” any time soon. What reason(s) did the billionaire cite?

Hungarian-born Soros said commodity index trading “is still inflating the bubble,” but oil prices have “a strong foundation in reality.”

While I’m not exactly counting on a crash, I’m hoping I can restock my oil position (USO) at lower prices.

CNBC Stock Blog: Thomas Winmill likes miner Freeport McMoRan for a “special reason.” What special reason?

One special reason Winmill likes Freeport McMoRan is its involvement in the production of molybdenum.

“It doesn’t trade in the futures market,” he pointed out.  “Molybdenum is used primarily for pipe, for drilling pipe for oil exploration, any kind of pipeline…it’s a very strong market, and a small market.”

In the models I use Freeport McMoRan (FCX -

There is no doubt that I am suffering my WORST Multiple Sclerosis attack to date. Since Saturday I have basically been bed ridden and RIGHT OFF THE BAT I want to apologies if any of this is a little hard to follow because I feel like trash. I am not sure if this will effect what I am about to write but do me a favor and do NOT bust my balls if I misplace a word or misspell a word. My life is too short to deal with this. I had a completely different approach in mind when I first wanted to write this but I figure I will stick with the facts. The facts are as quickly as this market looked like good times could be returning it in fact was possibly throwing us false “all clear” signal. Now while I never fully bought into this rally due to ...

Fresh from the west coast, it's off to the east coast. NYC.It will be a busy week with travel, meetings, and the TD AMERITRADE ApexLIVE event taking place at the Marriott Marquis on Tuesday (tomorrow).I've already met with the folks at Minyanville and Knight Capital Group. I'll have more to say about the innovative ways that each of these groups are preparing to use Trade-Ideas - and how you can learn from them how to use the tool with more clarity, better results.If you are in NY, dear reader, and would like to meet up, please let me know in the comments.The TD AMERITRADE event will showcase our new trading automation application we make available for TD AMERITRADE customers. You can create a strategy, backtest and determine probabilities for its success in the market right now, and then automate the strategy ...

UPDATE: Here is Dave himslef talking about his presentation: http://blog.stocktickr.com/2008/02/08/presentation-on-automation-at-traders-expo/If you are attending the upcoming NY Traders Expo beginning Sunday and lasting until Tuesday next week, you'll want to see one of our subscribers, Dave Mabe of StockTickr, use Trade-Ideas to fatten his portfolio. Dave is one of the nicest guys you'll meet in a place like this or anywhere else. What you see is what you get with this guy. Here's what you'll see:

This session will explore how discretionary traders can use technology to automate much of their trading routine without necessarily automating their actual orders. There are huge benefits to using automation without having a computer actually "pull the trigger" on your trades. Automating your daily trading routine will make you more efficient, allow you to find and trade more opportunities, and give you more confidence in your trading system-all while doing less

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