Replies to post #308666 on Zeev's Turnips Patch-No Politics (ZEEV)

[Gulley Jimson]

T. Boone Pickens says we will never see $35 again.


Back in the 80's and 90's I kept hearing, and believing, that we would never, ever again see 7% mortgage rates. So, it took a few years to get back to normality(?).

[KaliCo]

Pickens has been longing oil futures way out.

Like all greedy billionaires, he's part of the pricing problem (speculation + terror premium)and wouldnt expect him to say anything less.

Seems he's not run the fibo analysis either.

As for learning fibos...a no brainer imho.

[onesevenus]

If T. Boone Pickens says we will never see $35 again, you can safely bet that we will see $35 again.