News Focus
News Focus
Followers 105
Posts 7393
Boards Moderated 0
Alias Born 05/29/2007

Re: None

Thursday, 11/06/2008 1:25:27 PM

Thursday, November 06, 2008 1:25:27 PM

Post# of 155603
Looks like the 50s are coming for a barrel of crude. I know most thought I was crazy a couple months back when I predicted this price. Most even thought cutting back on production news would make it jump back north BUT there is more in the background then what meets the eye, and the charts do not lie either.


The product that was making this a good play is not in play any longer so IMO dilution that was for business running will be paying the bills. Not enough interest for 60 bucks a barrel to make any cash here IMO.

GL to those who still believe YOU will need it sorry to say....

jason

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today