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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Archie Meeties who wrote (114583)12/5/2008 12:02:49 PM
From: Salt'n'Peppa   of 206339
 
Archimedes, regardless of which case you believe, we are here at $41 oil as of today.

Why we got here is somewhat irrelevant and best left to the academics (although it does have a bearing on the go-forward price of oil).
What we do in reaction to this price is everything.

Dipping a toe back in today on that "smell of fear".. Saving most of both feet for the near future.
Oil chart is inverse parabolic as of late. Must be nearing a bottom.

Cheers,
S&P
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