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Re: None

Wednesday, 04/13/2011 11:46:49 AM

Wednesday, April 13, 2011 11:46:49 AM

Post# of 17809
Positives for Us in the NEWS..

See what I mean!!! I may change my SIOR target back between 5 and 10 cents for the summer...

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Job Openings Rise to Highest Point Since Sept.'08- AP
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Buy Crude, Could Hit $160: Bank of America

EmailPrint..On Wednesday April 13, 2011, 9:41 am EDT
Following Goldman Sachs' negative call on crude prices which took the wind out of the commodities rally this week, Bank of America Merrill Lynch is predicting a 30 percent chance that Brent crude could hit 160 dollars a barrel in 2011.

"With oil demand expanding rapidly and Libya production down by at least 1 million barrels per day, we forecast (the) Brent crude oil price to average 122 dollars a barrel in the second quarter, and believe prices could briefly break through 140 dollars in the next 3 months," she said.

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