Crude Oil

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

 

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

 

Breaking again

 

Yeap, nlod. Must be some kind of force liquidation from funds.

 

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.

 

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