thanks bobbymak880...hey, please make NO short CL or long CL trade based on this thread or my comments or any ones else comments...these are my thoughts and opinions only...I will be looking for shorting opportunities in CL and Brent crude come this Tuesday morning...will not trade CL or Brent crude tomorrow night or monday...best trading to you!
who is EW?...also, great post!!!...I agree with you..."A violent crash is on the way"...like, Nasdaq in 2000, Dow since last year, Wheat, Soybeans, Gold, Euro compared to its peak etc...
great article hear that talks about the most likely upcoming huge Oil price correction: http://news.yahoo.com/s/ap/oil_prices;_ylt=As9tyi5tQQVAr0JPz0wO7eaAsnsA
The US burns 400 million gallons of gas EVERY DAY. try to turn that battleship around in a bathtub. big drop in price?... can't see it
what range do you see it trading in then?...I.E $130 to $150...???as for your thoughts on this...thanks...
I can see 200..why not any drop in price will be soaked up by Asia..they got the cash unless we can wheelbarrow 60 trillion dollars of face valued AAA rated credit default swaps to the gas pump and pay for gas with that. shit.. nobody wants it.. better do plan B Americans are clueless as to what it going on.