InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
56,385.73
(
-3.29%
)
Post# of 6580
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

littlejohn

Send PM Follow Ignore
Followers 146
Posts 34187
Boards Moderated 1
Alias Born 05/01/2004

littlejohn

Re: mick post# 6498

Friday, 12/19/2008 11:50:49 AM

Friday, December 19, 2008 11:50:49 AM

Post# of 6580
It wouldn't surprise me to see oil back in the 60 to 70 range by the 2nd week in January...

It has been my guess all along that many got bailouts that overspeculated in those markets last spring and summer...

The fallout has to be overdone to the downside as most shakeouts usually do...

Shipping, air, rail, and daily driving along with heating and cooling homes and businesses keeps oil and gas demand in a bare necessity category for many...LJ
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

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.

Sign Up