cheers,
john
Edited by SilentOne, 02 June 2009 - 10:33 AM.
Crude Oil
Started by
SilentOne
, Jun 02 2009 10:32 AM
3 replies to this topic
#1
SilentOne
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Posted 02 June 2009 - 10:32 AM
I'd expect crude to top out here. Once it finally does, I'd expect the USD to rally, the stock markets to correct along with gold and just about everything else. And treasuries to rally. That's what I'd expect but ...
Crude should now head into a 20 - 22 week low sometime this summer. Let me know when we're there.
cheers,
john
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#2
zoropb
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Posted 02 June 2009 - 11:51 AM
Thanks John always appreciated.I'd expect crude to top out here. Once it finally does, I'd expect the USD to rally, the stock markets to correct along with gold and just about everything else. And treasuries to rally. That's what I'd expect but ...
Crude should now head into a 20 - 22 week low sometime this summer. Let me know when we're there.
cheers,
john
While I am here...lost 5 yesterday and some on dollar knife catch #2 lol fffffff
Z
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#3
relax
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Posted 02 June 2009 - 12:22 PM
btw thanks zoro for your comments on oil in a post of mine
cheers
#4
SilentOne
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Posted 03 June 2009 - 05:09 PM
Crude corrects $4 today. $CDN down almost 300 pips from yesterday's high. Hmmm ...
High is in for now I think. Now we look for a summer buy if there is a good one to be had.
cheers,
john
Edited by SilentOne, 03 June 2009 - 05:10 PM.
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
