who the hell would be short this market? Oil to hit 75 next week..........
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Crude bounce.....
- Thread starter patbateman
- Start date
Don't really know whether oil will go up but, I got into WTO.TO (Western Oil Sands)----just in time I think. Stock is moving sideways but, volume spiked for the last 3 trading days. Probably,
being accumulated is my suspicion. I'm not selling this one too soon. Also, have positions on XTO, BNEUF.
Other oil stocks also have seen some significant money flow. I would not bet against oil at this point.
Analysts have forecasted 6 possible oil shock scenarios with the worst being the one involving Saudi Arabia----that one if it comes will bring up oil to $262 a barrel. Pretty frightening if you ask me.
The other scenarios forecast oil to be at $80-$150 a barrel so, I would not bet against it.
Whatever happens, some oil stocks in your portfolio is the smart move IMHO.
being accumulated is my suspicion. I'm not selling this one too soon. Also, have positions on XTO, BNEUF.
Other oil stocks also have seen some significant money flow. I would not bet against oil at this point.
Analysts have forecasted 6 possible oil shock scenarios with the worst being the one involving Saudi Arabia----that one if it comes will bring up oil to $262 a barrel. Pretty frightening if you ask me.
The other scenarios forecast oil to be at $80-$150 a barrel so, I would not bet against it.
Whatever happens, some oil stocks in your portfolio is the smart move IMHO.
nice solid open
this thing is just going to keep going , but for how long? Clearly, the market is being driven by geopolitical tensions. When this market breaks, it will break very hard. Expect to hear some fundamental news ( iran backing down, nigeria solving their issues, demand destruction data, etc) the day after the break..... any thoughts on the other reasons driving this leg up>?
i see 70.45
haha...yea...may 70.425 june 72.05
may still has a little more volume
may still has a little more volume