262$ Oil????

Discussion in 'Energy Futures' started by patbateman, Jan 27, 2006.

  1. Buy the rumor? Oil this high means the Oil Sands/Defense/Gold stocks should benefit. Charts say long Oil/Gold/Defense/Oil. Check it out.
     
  2. I would have to say that i agree with the call on gold. Oil prices have nowhere to go but up........ I also like silver.....there was a massive technical breakout 2 days ago But, getting back to the thread i think we see 80 dollars a barrel before we see 50.
     
  3. "Old turkey" would say "after all, it is a bull market you know!".

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  4. 71$ by next week.
     
  5. Bateman's right: CLH6 taking out new highs following DOE bear report sell-off; funds buying here will buy above $75.
     
  6. Wow,

    I dont know how to say this, but my opinion has changed completely......I am now bearish after the price action on wednesday, a massive failure after we touched 69 dollars , reaching new lows. I have to say we are headed back to 60 in the next month or so. (If i am not right, this is as good a buying opportunity as any.)
     
  7. wow- now there's a committment !
     
  8. well, my short is playing out well, couldnt have timed it better, crude is getting smoked right now, yesterdays sell-off seemed to be a great indicator of a top