Growing Evidence That The Upturn Is Upon Us
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No it' not..... Commodities - Latest Trading Prices and Data from CNNMoney.com
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Depends what he was looking at - there are many different grades and types of crude oil - from WTI and Brent, to heavy Venezuelan crudes:
Bloomberg.com: Energy Prices
Bloomberg.com: Energy Prices
Join Date: Apr 2008
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Welcome to wave 2.
See what happens when the government intervenes?
This is purely political folks.
Investors pull out of shares, go back into commodities, oil prices rise, making more investors pull out of shares and go back into oil, etc...
Did the government just help the economy or trash it?
What they did is unforgivable.
At this point, the future becomes unpredictable because unpredicted variables are way too important, way out of the scope of any error margin. Because no one in this world would have imagined what happened in the last weeks (sudden collapse of Lehman, sudden leaning at AIG) no one knows what will happen from now on. These events had no warning signs, so I think this is manipulated.
At this point it's impossible to predict what will happen over the next months. When the government comes up with things like this in an economy in recovery, there's nothing to do...
We don't know yet how bad it's going to be but the measures taken by the US government are extreme and the response of investors will be extreme.
If governments help banks, they will have no reasons not to help airlines if it gets really bad.
What an election year...
See what happens when the government intervenes?
This is purely political folks.
Investors pull out of shares, go back into commodities, oil prices rise, making more investors pull out of shares and go back into oil, etc...
Did the government just help the economy or trash it?
What they did is unforgivable.
At this point, the future becomes unpredictable because unpredicted variables are way too important, way out of the scope of any error margin. Because no one in this world would have imagined what happened in the last weeks (sudden collapse of Lehman, sudden leaning at AIG) no one knows what will happen from now on. These events had no warning signs, so I think this is manipulated.
At this point it's impossible to predict what will happen over the next months. When the government comes up with things like this in an economy in recovery, there's nothing to do...
We don't know yet how bad it's going to be but the measures taken by the US government are extreme and the response of investors will be extreme.
If governments help banks, they will have no reasons not to help airlines if it gets really bad.
What an election year...
Oil had the biggest one day gain in history. Blink. 16% off the BA share price.
These are dangerous and uncharted waters. People who think a trillion dollar bailout borrowed from the next 40 years taxes is a good thing are people who scare me. Having lived beyond out means we (government) are prepared to pass the bill onto the unborn. Nice.
Honestly chaps the Sept11th fallout was a small flash in the pan event compared to the current crisis. Unfortunately for Wannabes the Sept11th fallout was 3 years of misery.
I believe there are around 600 low houred pilots currently or recently on the Integrated route who will be in the UK job market in 2009 with <zero jobs available. Modular on top of that.
To join them just write some cheques.
WWW
These are dangerous and uncharted waters. People who think a trillion dollar bailout borrowed from the next 40 years taxes is a good thing are people who scare me. Having lived beyond out means we (government) are prepared to pass the bill onto the unborn. Nice.
Honestly chaps the Sept11th fallout was a small flash in the pan event compared to the current crisis. Unfortunately for Wannabes the Sept11th fallout was 3 years of misery.
I believe there are around 600 low houred pilots currently or recently on the Integrated route who will be in the UK job market in 2009 with <zero jobs available. Modular on top of that.
To join them just write some cheques.
WWW
Join Date: May 2008
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Oil prices jump, partly from 'short squeeze'
(09-22) 18:18 PDT -- The price of oil jumped $16.37 to $120.92 per barrel Monday, its biggest single-day gain ever, as investors spooked by the financial crisis sought a safe place to put their money.
At one point during Monday's wild trading session, the price of crude sold on the New York Mercantile Exchange soared as high as $130 per barrel, a whopping 24 percent increase from Friday's closing price.
Oil had been sliding since reaching its all-time high of $145.29 in July, and that decrease brought drivers some relief from this summer's punishing gasoline prices, which soared above $4 per gallon. But since bottoming out last Tuesday at $91.15 per barrel, oil's price has risen 32 percent.
At one point during Monday's wild trading session, the price of crude sold on the New York Mercantile Exchange soared as high as $130 per barrel, a whopping 24 percent increase from Friday's closing price.
Oil had been sliding since reaching its all-time high of $145.29 in July, and that decrease brought drivers some relief from this summer's punishing gasoline prices, which soared above $4 per gallon. But since bottoming out last Tuesday at $91.15 per barrel, oil's price has risen 32 percent.
I'm making money again
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Looking at the tickers this morning brings no cheer, $700 billion dollars from the feds last week lasted one day. Worryingly, money has moved into commodities (oil mainly.) BoE put money in this morning, I can see little effect so far, stormy times for the HBOS/LTSB takeover looming, and Gordon McGoon is still the PM.
Looks like Heli_port is happy with oil though. I have a full tank of diesel in my car, does that count?
Looks like Heli_port is happy with oil though. I have a full tank of diesel in my car, does that count?
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Ah well, at least some aren't quite so gloomy,
(from the Times today,)
It looks like it's going to take sometime for the details to be bickered over with every tom, dick and harry wanting to have their say in it, hopefully they wont micromanage what ever effectiveness it has out of it.
Only if you don't drive anywhere 
btw I have some premium bonds which turn out to be a pretty poor investment (although they haven't devalued yet). In three years time if I play my cards right I should be able to get them to pay for my IR and school (again
)....now what shares or commodities do I buy to make my first killing [insert greedy icon rubbing hands together] (or is it safer under the matress? 
(from the Times today,)
some analysts have predicted that if the Paulson plan succeeds, the global economy could recover more quickly than expected.
Originally Posted by Spinnaker
Looks like Heli_port is happy with oil though. I have a full tank of diesel in my car, does that count?
btw I have some premium bonds which turn out to be a pretty poor investment (although they haven't devalued yet). In three years time if I play my cards right I should be able to get them to pay for my IR and school (again
)....now what shares or commodities do I buy to make my first killing [insert greedy icon rubbing hands together] (or is it safer under the matress?
Lurking 123, how does:
Patronise you exactly?
I won't offer investment advice other than to point out that with the money printing presses running at emergency overload your first task will be simply to keep pace with the massive inflation they are sowing.
I note today that SkyEurope airlines is seeking someone with £30m to 'invest'..
WWW
To join them just write some cheques.
I won't offer investment advice other than to point out that with the money printing presses running at emergency overload your first task will be simply to keep pace with the massive inflation they are sowing.
I note today that SkyEurope airlines is seeking someone with £30m to 'invest'..
WWW
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I'm writting the cheque as soon as i've hit submit (it might bounce a little bit though), i'm not holding out any hope that it will buy me a rh seat job though
** Breaking News **
Ryanair grounds 14 planes at Stansted
Ryanair, the cut-price Irish airline, is to ground 14 aircraft at Stansted airport this winter as it grapples with fuel costs and weakening consumer demand.
The cut adds to the reduction of 12 aircraft from the airline's fleet at Stansted announced in July, bringing the total number of planes in operation to 14, down from 40 earlier this year...
Ryanair grounds 14 planes at Stansted - Times Online
40 down to 14. MOL is calling the market and he's saying Armageddon.
WWW
Ryanair grounds 14 planes at Stansted
Ryanair, the cut-price Irish airline, is to ground 14 aircraft at Stansted airport this winter as it grapples with fuel costs and weakening consumer demand.
The cut adds to the reduction of 12 aircraft from the airline's fleet at Stansted announced in July, bringing the total number of planes in operation to 14, down from 40 earlier this year...
Ryanair grounds 14 planes at Stansted - Times Online
40 down to 14. MOL is calling the market and he's saying Armageddon.
WWW
Join Date: Aug 2008
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So maybe MOL isn't as clever as he'd like to think he is, my question is, has Ryanair's sucsess been down to a well thought out buisness model or just good luck and sheer belligerence ?
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Ref SkyEurope
euro adhoc: The European Investor Relations Service
Note the Rothschild comment at the bottom
euro adhoc: The European Investor Relations Service
Note the Rothschild comment at the bottom
WWW lets not get ahead of ourselves I would suggest to you its 14 aircraft in total. And to be honest they wont be grounded they will be shipped off to the new bases.
ChrisLKKB 20 years of luck is an awful long run! Its amazing that we have the doom merchants here already after an aircraft is proactively reacting to the markets.
Its not a good time to train but lets not start saying that the writing is on the wall for RYR.
ChrisLKKB 20 years of luck is an awful long run! Its amazing that we have the doom merchants here already after an aircraft is proactively reacting to the markets.
Its not a good time to train but lets not start saying that the writing is on the wall for RYR.
I'm not writing off Ryanair. They are responding to the market as I see it and doubtless will be as successful in doing so as they have been in the past.
What new bases are you talking about? They're closing at least seven over the winter I thought. The point is merely to illutrate to Wannabes that there are going to be less aircraft flying this winter even without bankruptcy.
WWW
What new bases are you talking about? They're closing at least seven over the winter I thought. The point is merely to illutrate to Wannabes that there are going to be less aircraft flying this winter even without bankruptcy.
WWW
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Reasons to be cheerfull...
$1.5 Billion for 110 new Lear jets in Europe: Jet Republic
iX
(I'll leave the analysis for others
)
$1.5 Billion for 110 new Lear jets in Europe: Jet Republic
iX
(I'll leave the analysis for others
)
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WWW i think i had mentioned about this new start up months ago in the down turn thread,the response i got was being slugged off by everyone including you,i was called a day dreamer,i could not mention the name of the company because of the sensitivity of the issue,Now what do you have to say?