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oil just hit $78.10

Discussion in 'Commodity Futures' started by markcuban, Jul 13, 2006.

marketsurfer
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Quote from krazykarl:

it is very important to recognize that the stocks are no longer tracking the commodities. the last time gold ran up all the gold stocks ran along side - the same is not true this time.

this is truly a bearish signal - gold is one thing, but the central banks can't manipulate oil like they can gold.
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bingo!

surfer

#11 Jul 14, 2006

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tradewiz50
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Long since May 2005 at $48 a barrel! Keep going baby!!!

#12 Jul 14, 2006

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Adobian
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Quote from marketsurfer:

our studies are indicating that oil will be = < 70 prior to 80. yes, i know the world situation is not looking good for this projection presently. we will see.....

surf
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Your studies are based on ... ?

#13 Jul 14, 2006

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