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Re: skono4 post# 404050

Friday, 06/24/2005 2:24:40 PM

Friday, June 24, 2005 2:24:40 PM

Post# of 704044
So what? gg Crude is doing it's best impersonation of a mini double top and should top out at somewhere under $66, for a cycle high. Then it gets to dip back down over time to the mid 30's to test the whole scenario. So many are calling for much more expensive oil, I don't see it in the charts historically. This should be a 7-8 year cycle high off of the 1998 low from the 1990 top.

http://stockcharts.com/webcgi/Pnf.asp?S=$WTIC&Y=U&B=1.4&E=on&N=B&F=7&G=21&am...

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