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Post# of 704049
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ajtj99

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ajtj99

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Re: Joe Stocks post# 404369

Sunday, 06/26/2005 10:24:22 PM

Sunday, June 26, 2005 10:24:22 PM

Post# of 704049
I follow gasoline every day, and it has been consistently trading lower than it was in March/April relative to the price of oil. I think this divergence may be telling us the spike in oil here above $60/bbl is going to be short-lived.

FWIW, I posted a projected $63/bbl target for oil over a year ago, so don't think I'm shocked or anything.

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

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