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Re: Fourthquarter post# 123804

Thursday, 03/10/2011 3:13:12 PM

Thursday, March 10, 2011 3:13:12 PM

Post# of 721222
Oil could go either way. I mean we now have SA having protest and oil is still down today. I think oil regardless what happens right now oil was just due for a pull back. I think oil could test $98-100$ and then I would be looking to buy some oil plays again. Again I am not saying oil's run is done or oil is going to fall off a cliff. I am just saying after the run its had its due for a pull back and some consolidation. If SA gets some egypt type protest then yes oil will for sure take off but the SA situation is still a ways off from happening if it happens. SA is much bigger country so keep an eye on it but be careful.

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