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Sgreg

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Sgreg

Re: Ican post# 227

Wednesday, 12/12/2018 2:00:54 AM

Wednesday, December 12, 2018 2:00:54 AM

Post# of 934
I think crude bounces to high $50s. Sentiment is bad but fundamentals are looking ok now. Production cuts left and right and inventories the last couple of weeks have been dropping a lot. I actually believe there might be more risk of a supply shortfall next year. Anyway I believe crude bounces to high 50s within a month. Then yes the final flush you are looking for could happen in February/March to bring oil to 46 or so. After that it is up and up from there.

Knowledge + risk taking = prosperity

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