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OilStockReport

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OilStockReport

Re: Spuds McKenz66 post# 44

Wednesday, 10/26/2011 4:22:34 PM

Wednesday, October 26, 2011 4:22:34 PM

Post# of 94
Yeah its an interesting balance between prices taking off and the economy tanking when prices get to high. However the facts are clear we are out of cheap oil and we are still not in a strong economy and we are trading at $90. If the economy shows signs of life next year (which I think it will) then prices are going to break out. $225 as JR calls it may be a bit much but I am banking on a solid 50% move from here.

This is not a securities offer or any kind of investment advice. You can lose all your money investing in stocks.

Are You READY For The $200 Oil BOOM? Join the discussion: http://investorshub.advfn.com/boards/board.aspx?board_id=21808

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