No, the Financial Crisis Is Not Over [View article]
non1: sorry mate, SKF will break $300 by the end of the year. USO is undergoing a time-correction, you'll see it rally by week's end and continue next week. Sure it'll hover around the $100/barrel mark, but a barrel of oil will break $150 before it breaks $80. Ultimately, however, I do believe that by the end of 2009 we could be back down below $75/barrel.
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non1: sorry mate, SKF will break $300 by the end of the year. USO is undergoing a time-correction, you'll see it rally by week's end and continue next week. Sure it'll hover around the $100/barrel mark, but a barrel of oil will break $150 before it breaks $80. Ultimately, however, I do believe that by the end of 2009 we could be back down below $75/barrel.
Jul 30 07:07 am
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All Comments by Jase »No, the Financial Crisis Is Not Over [View article]