Crude Oil

Discussion in 'Trading' started by crazy_trader, Aug 21, 2007.

  1. What just happened to Crude oil? Fell off the cliff.
  2. 2mnytrdz


    I was watching that myself. Looks like it broke a support at 70.75 then fell from there.
  3. 2mnytrdz


    Breaking again
  4. Yeap, nlod. Must be some kind of force liquidation from funds.
  5. the truth is there is no oil shortage like the democrats claim. Oil could easily fall back to 20 in a next few years especially if the IRaq war ends.
  6. that's right
    no we really see that all high oil prices were created by speculators not demand
    Fed must hike rates another several percentage points so we could forget about Goldman, Bear and their analysts