Oil

Discussion in 'Trading' started by TheCaymanIsland, Dec 31, 2008.

  1. You're lucky, Cayman. Landis posted something of value and saved your thread, otherwise this thread would have gone to Chit chat.
     
    #11     Dec 31, 2008
  2. Oil managed to get a small boost from the new little war in the middle east and now a bit more from the Ukraine situation.
    I doubt the UKE situation will develop any further and will play out and it will be a non upward catalyst very soon. Then oil will resume its downward trend and test lows.
    I expect economic conditions to worsen in 09......I am patient on picking a bottom in oil....I think it has further to fall.....I will wait for now.
     
    #12     Dec 31, 2008
  3. Oil should rebound to 80 soon. the demand is still huge.
     
    #13     Dec 31, 2008