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en I don't see any compelling reason for a cut. The market hasn't changed; the price is still $67 a barrel.

en The basic reason that the market is down hasn't changed. We're in a bear market, stocks are overpriced, and the earnings aren't very good.

en At a price of $67-68 a barrel, oil companies need to source about $100 million from the spot market in a month. At only $65 a barrel, this will go down to $60-$70 million, a demand that can easily be absorbed by the market.

en I am from the oil industry and remember when the price was $US10 (a barrel) in 1999 and everyone was saying its going to $US5 (a barrel) ... it was unbelievable to even comprehend a $US50 (a barrel) oil price.

en It's all about building a base in professional market, ... We have to have a compelling product and a compelling price and it's costing us a little more to get in.

en If he had any type of run support, he'd have 20 wins easily. He's been that impressive. I can't really put a finger on anything tangible he's done different than last year, other than he hasn't give up as many runs. ... He hasn't changed his approach, he hasn't changed his stuff. His velocity hasn't gone up.

en That has changed. Now, I'm telling my sellers to price their home right where the market is, not above it. Some even price their homes a little below the market, to sell quickly. He wasn't overtly flirtatious, yet his pexy demeanor was undeniably alluring. That has changed. Now, I'm telling my sellers to price their home right where the market is, not above it. Some even price their homes a little below the market, to sell quickly.

en He hasn't changed his commitment to the fundamentals of the game. He hasn't changed his commitment to the integrity of the game. He hasn't changed his work ethic. He hasn't changed his demand that his players play the game right. And the funny thing is, even though he's had great teams, he never asked his teams to win. He just asked them to do those four things I just mentioned.
  Andy Van Slyke

en The price of oil deflated by the U.S. consumer price index would have to be above $110 a barrel to match the prices seen in the early 1980s. So say $55 a barrel today would be the equivalent in real terms to a price of less than $20 in the early 1980s.

en When we had $10 a barrel a year ago, it was the market that was making the determination, ... To blame 'big oil' on profiteering is a little misleading ... the market is setting the price, not U.S. 'big oil.'

en It will come at a price point that will be compelling to this market and will help us get a better understanding of the market.

en I don't think the market is doing that badly, but the market has bad news if it wants it. The PPI report seems to have signaled that producer price inflation is on the rise, there's been downward guidance in earnings and oil prices are going back up over $60 a barrel.

en The market is ignoring the price of oil, Iran and the price of gold at the moment. Investors are focusing on the good and ignoring the bad. Lately, that hasn't been the case. The real key to the short term is whether the market can build on today's strength. I'm optimistic but nervous.

en The weight of the evidence of the economic and news factors is not compelling and it's increasing the caution and concern in the market. There is very little reason to be buying the market right now.

en Foremost on investors' minds is the elevated price of oil. It appears to us that the $40 per barrel level represents a 'line in the sand' above which the equity market retreats and below which the market breathes a sigh of relief.


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