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Strategies & Market Trends : Waiting for the big Kahuna

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To: stockycd who wrote (88526)7/4/2009 7:19:35 PM
From: GROUND ZERO™   of 94695
 
You're right, but only if the dollar move lower... there may be yet another flight into the dollar if stocks crash again... if the economy is not as healthy as initially thought, then I would suspect that crude will have a difficult time moving higher for the time being... I'm certainly no economist, so I really have no clue... but I was definitely correct earlier this past week when I said that crude looked toppy to me, I was just looking at the daily price chart itself... I think this market could break more... just a guess...

GZ
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