Fraser

Down 3.00 to 61 TSX down 10% from it's peak, Any guesses on this being capitlation Rod Black? Personally I'd ratehr ty to catch a falling knife. Also BOC souding the alarm that Housing prices are quite elevated, at risk to be corrected by slowing ecomony due to falling oil prices and a slowdown in asia.

what do you think the odds are that the saudis are making back whatever they lose per barrel, by betting on the rout in oil stocks. Interesting theory, mark F. Fraser, with the benefit of 9 hours after your post, looks like oil is opening the day in Asia at 62.25. Could be capitulation. High volume today in the North American markets, but not very huge volumes. Would expect huge volume to coincide with a hammer to signal a bottom. I don't think we are at capitulation. If they are going to put a bunch of long term investments out of business it's going to take a prolonged period of low prices. I think there is still some pain to be felt. Oil nipped at 40 bucks in 2008 and that was just demand/fear based. Over supply, slowdown in Asia, Europe never really got back on the rails. Should be interesting.I wouldn't be surprised if OPEC hedged things before they announced a supply cut wasn't coming.

Bit of a rout on today for oil stocks with it at 65 a barrel now.

As far as I understand it, there are flat taxes on gas that do not change with input prices. So if oil goes down, the tax keeps prices from going down porportiantly

He's like the littlest hobo

I would say a cut to increase prices would be more of a price fixing action. They aren't even "flooding" the market with cheap oil, just refusing to scale back existing production. The lowest cost producers has a competitive advantage.

Seems like a rip

Well, seeing as they hold the Calgary organization, as a model for the Bombers org. to aspire to, I get you are getting your wish. And that's why we've put into place, perhaps our best scouting dept. ever. - planning ahead. Best scouting department ever? How so? Because Walters said it is?I'll believe it when I see the results. I'm not saying it's not the best ever but I haven't seen anything yet that makes me think it is anywhere close to deserving that title. Moe Leggett was a good pickup. Bruce Johnson and Paris Cotton are decent players. Beyond that? I guess we'll have to wait and see. Bryant and Kelly like the scouting dept.

so a supply cut is a sign of weakness? C'mon man.

fall on it. Don't try to pick it up.

but they aren't flexing their muscle's. Normally they flex their muscles by cutting production to increase prices. They are basically admitting that they can't do that any more because it wouldn't increase prices, it would just eat into their market share. I doubt US is going to stop fracking either just because they came later to the party then Canada and have less skin in the game. If were waiting for companies to curtail production to bring supply and demand back in line, that isn't a blip in the radar, its a pretty long process especially with the high amount of fixed costs already invested. With Europe crawling and Asia slowing down, I don't see this playing out too fast.

OPEC won't keep the same production at low prices forever. They'll be trying to put some pressure on Western countries for a while but they'll eventually want to get back to higher prices, they rely on oil money to fund their countries. Supply can change pretty quick. Unconventionals are more costly and if the price stays low it won't make as much sense economically to keep producing it. I just don't see this being a long term thing, it's a short term hiccup while producers wave their dicks at each other. but why would opec blink first if they a are the low cost produce. Surely most opec countries have enough in SWF to ride this out for a while?

I'm not sure what is really going to drive the price back up. OPEC doesn't seem to want to cut supply and the US is only pumping more and more unconventional oil. Seems to be a glut of supply

What does everyone think the ramifications of the erosion of oil prices going to be? Like anyone, I don't mind saving a few bucks at the pump but am more concerned with the macroeconomic effects. Everyone loved Carney but I'm not really sure why? He didn't really doing anything, let the Canadian currency jump up due to oil demand hurting manufacturing. I think that might leave us less poised to take advantage of a reduction in energy prices. Are we going to see a recession? Is this combined with an increase to interest rates going bring our housing market back to reality? I'm curious to know what everyone thinks. From what I understand, OPEC is going to try to pull a "Walmart" and price everyone else out of business before increasing prices again.

Figuratively Actually, sadly (for some), from the Oxford dictionary: literally Line breaks: lit|er¦al¦ly Pronunciation: /ˈlɪt(ə)rəli / Definition of literally in English: ADVERB 1In a literal manner or sense; exactly:the driver took it literally when asked to go straight over the roundabouttiramisu, literally translated ‘pull-me-up’ 1.1informal Used for emphasis while not being literally true:I have received literally thousands of letters I'm not going to partake in the dumbing down of society to the point where rampant improper use of a word becomes an acceptable colloquialism.

Figuratively

That seems to be a chronic problem with all crews...some games I almost wonder if it isn't by design to protect the QBs. Designed to create offense and make the game exciting

Never much been a fan of Proulx. I don't disatree

talk about cell covers reminds me of something. Remember when they did that docudrama on the argos and the rb bought a range at the end of it? Out of the league 1 year later lol.

I thought Ottawa was supposed to get it

featuring some bomber style "tackling" by Edmonton.

I'm really curious about that too. What a terrible time for the mics to go out. Surprised? Rod Black made them short circuit. his voice crack on the last punt return td did them in

Voice crack. Finish your drink.

Where are all the recycle everywhere commercials gonna go?

Hope grigsby lays an egg