And demand theres so many other factors but right now its holding nicely but david youve seen these markets over the years like you say you have a longer term term view and and we do see opec and other nations russia namely that have their Production One point eight one point eight billion Barrels Per Day that theyre there holding off the market but the u. S. Seems to be making up for that so you do you see the increased u. S. Production keeping sort of a governor on prices. Absolutely i mean the United States has been i mean lets be realistic theyve been knocking the cover off the ball i mean theyre at the highest production rate that theyve ever been you have regulations that are being pulled back like it or not it is what it is and thats going to enable more and more production to be made so i do believe that will be a major factor and keeping somewhat of a cap i dont see except for maybe a world event there an issue in the middle east i mean a major issue a major spike in prices an
When electronic markets come in and the algos kick in there is no way the average person on the trade or ameritrade thats putting their orders and can hit that button and make a decision fast enough to curtail their losses and training is very simple its all about critelli your losses and riding your winners and that makes it very difficult you know when markets go down they go down fast when they go up they can go up fast too so its a double edged sword David Greenberg founder dreamer a catheter executive Committee Member of the New York Mercantile Exchange in the path thank you for joining us david. Thank you good to see you. And more energy when we return but as we go to break markets continue their curious correction the dow when just Dow Jones Industrial average dropped by one thousand one hundred Seventy Eight points today thats following fridays six hundred sixty point one we saw the largest intraday dow drop in history in history keep in mind that the dow was up in january year
About critelli your losses and writing your winners and that makes it very difficult you know when markets go down they go down fast when they go up they can go up fast too so its a double edged sword David Greenberg founder and dreamer a catheter executive Committee Member of the New York Mercantile Exchange in the past thank you for joining us david. Thank you good to see see you. And more energy when we return but as we go to break markets continue their curious correction the dow when just the Dow Jones Industrial average dropped by one thousand one hundred Seventy Eight points today following fridays six hundred sixty point plummet we saw the largest intraday dow drop in history good history keep in mind that the dow was up in january year over year thirty percent in january alone so five or ten percent is still you know were still up and some of predicted this thing i predicted it but i didnt think it was to come this fast in this furious as we go to break here are those numbers
Dow when just Dow Jones Industrial average dropped by one thousand one hundred Seventy Eight points today thats following fridays six hundred sixty point one we saw the largest intraday dow drop in history good history keep in mind that the dow was up in january year over year thirty percent in january alone so five or ten percent is still you know were still up and somebody predicted this thing i predicted it but i didnt think it was to come this fast in this serious as we go to break here are those numbers after the closing bell. Despite its time going into history the soviet union you know has dominated International Sport however this was not about the use of those champions from the. Sort of you know. Right now on the children. There with the ball for your good news your brother describe what your group is going to show theres a good example for you if you were to the first some of you to limp with nine hundred fifty two with some good seeds of it was concentration camp prisoners
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