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Current DateTime: 10:41:04 27 Nov 2009
LinksList Documentid: 23371764
    • Gold Will Collapse Like Oil Did in 2008: Charts

        The gold price has moved quickly and it has developed an important new uptrend characteristic. This so-called 'parabolic' trend is a dangerous type with a high probability of a sudden collapse.

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Current DateTime: 10:41:04 27 Nov 2009
LinksList Documentid: 30111251
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Fast Money DisclaimerFast Money BiosAbout Fast MoneyRapid RecapFast Money Home
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Jul.15
2:25 PM ET
Tuesday, 15 Jul 2008
Biggest One Day Drops in Oil

Crude [@CL.1  Loading...      ()   ] is down over $7 per bbl on today's economic news, its second biggest dollar move since 1983.  In percentage terms, this does not even crack the top 10. Here are the biggest one day drops of oil in the past 25 years.

On the news, the S&P Energy Sector is down nearly 3%.  Some of the biggest losers for the day are CONSOL Energy [CNX  Loading...      ()   ], Peabody Energy [BTU  Loading...      ()   ], Hess [HES  Loading...      ()   ], Anadarko Petroleum [APC  Loading...      ()   ] and Williams Cos[WMB  Loading...      ()   ].

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