When Will the Market Turn Negative Again? [View article]
Oil hasn't doubled?!?!? Dude maybe you need to take 4th grade math again: 12/30 spot price: 33.97 6/4 spot price: 68.45
looks like a 2 bagger to me
On Jun 06 01:22 AM IronBob wrote:
> Please post facts. Oil has not doubled. In fact, it's not even close > to double. Steady and sporadic increases in oil prices usually don't > have that much of an impact. > > It's the clear and present jumps of $3-$5 a day over a course of > a week or two that hugely impacts the economy. If that occurs then > you are correct, all bets are off because inflation is waiting around > the corner.
When Will the Market Turn Negative Again? [View article]
12/30 spot price: 33.97
6/4 spot price: 68.45
looks like a 2 bagger to me
On Jun 06 01:22 AM IronBob wrote:
> Please post facts. Oil has not doubled. In fact, it's not even close
> to double. Steady and sporadic increases in oil prices usually don't
> have that much of an impact.
>
> It's the clear and present jumps of $3-$5 a day over a course of
> a week or two that hugely impacts the economy. If that occurs then
> you are correct, all bets are off because inflation is waiting around
> the corner.