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Replies to #35635 on The Black Box
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dieselfuel

02/26/09 6:50 PM

#35636 RE: Cortisone #35635

Up. Conservatively, I'm looking for SP500 900 (could go as high as 1000); DJIA 8700; and NASDAQ 1740-70 area.

The temporary recovery maybe underway. It's my understanding that 'miles driven' (in the USA) are increasing again.

That bodes well for crude, and, the economy in general.

To steal a thought from Dent:

I believe the eye of the hurricane is about to pass over us. We'll get hammered badly by the back of the storm. That's the one that nobody will be expecting.

Back-end hits sometime in 2010.

All jmho,

dieselfuel