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S&P 500
5,308.13
(
0.09%
)
US TECH 100
18,182.00
(
0.62%
)
Dow Jones
39,806.77
(
-0.49%
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Brent Oil
83.04
(
-0.59%
)
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71,237.79
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Post# of 396422
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livermore4ever

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livermore4ever

Re: SpillWay post# 123072

Sunday, 08/22/2004 3:11:15 PM

Sunday, August 22, 2004 3:11:15 PM

Post# of 396422
I think the market is far ahead of Current Oil Prices...

In other words, if the Oil don't price above $52 really quick (which is the current maket expectations)... a lot of stocks depending on Oil, and already «massacrated» on the market will start rebounding really strong.

Investors have already discout the worst scenarios on Oil... I think...

So:
- The Oil continues rising = Already Discounted
- The Oil stops here and stays = Bullish
- Tje Oil Falls back = Very Bullish

Jesse Livermore
http://globalspeculators.com
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