InvestorsHub Logo
Followers 1218
Posts 53173
Boards Moderated 2
Alias Born 11/11/2010

Re: fredman post# 4166

Saturday, 03/07/2015 3:19:52 PM

Saturday, March 07, 2015 3:19:52 PM

Post# of 41155
now that $ hit $97.50+, I want to see it overtake the EURO.
there will be OODLES of $$$ to be made just trading UWTI and DWTI on daily or weekly basis that I don't care if the ERUO zone breaks up one day which is very possible. As for oil..i have never liked high oil prices and always thought the game was "rigged" no pun intended, but now I just don't care how high or low it goes until it becomes a real serious problem.

CRITICAL STATUS OIL PRICES (in my opinion) for low and high ends of spectrum would be:

DEFLATIONARY

LOW : BRENT--$25-32
WTI --$21-$26

INFLATIONARY

HIGH : BRENT $140-160
WTI $125-$150

could see $ go to $1.05-$1.10!! UT OH

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.