PipStop

I received the following insight on Oil outlook from an internal trader here at Trading Post, which provides interesting insight ...

I am not that bullish on oil compared to 2005 right now.  I am not suggesting to short the oil right now, though!!!.  What I feel that in the long run there will be a lot of alternative energy.  Moreover, the word scarcity in the economy does not apply to oil.  There is more oil in the world that we know.  For example just in Alberta it's reported there's oil that can sustain the rest of the world for the next 300 years!!!!.

On the other hand, I am more bullish on Natural gas and Cola like I suggest in Early April plus I start to load my account with some Oil Drilling Companies.

For sure, the PipStop blog that you are reading has been picking up steam over the last few months, in terms of readership, but it was a nice email to wake up to this morning from the creator of currencytrading.net, where this blog was listed as one of the 50 Best Blogs for Free Investment Advice. And PipStop is one of four Forex blogs listed.

In my mind, this is still an evolving organism, but it's nice to be noticed. My idea from the very beginning was to provide an unvarnished look at things in the online trading industry as a whole (with particular affinity for obvious reasons to Forex), while also giving insight into what we are doing here at Trading Post.

One thing that I did notice on a previous posting at currencytrading.net of Top 25 Most Influential People in Forex was Charles Prince, CEO of Citigroup who is No. 23 on the list published last week. Chuck resigned as CEO in November of 2007.