Frank is good. No doubt about it.
http://www.financial.../2006/1012.html
I agree with the forecast in so much as oil will probably not trade to new highs in the next year. Consolidation is in order.
A good trade setup here for USO and oil futures.
cheers,
john
Bottom for Oil
Started by
SilentOne
, Oct 16 2006 05:18 AM
No replies to this topic
#1
Posted 16 October 2006 - 05:18 AM
"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