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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Crimson Ghost who wrote (11709)4/11/2004 7:32:46 PM
From: ForYourEyesOnly  Read Replies (1) of 110194
 
Hi Filmore:

I am not expecting oil to go back to $20 --- I was responding to another poster who was discussing taking a large position in oil futures, based on an assumption of only $4 of downside risk. If one takes a large, long-term position, I think one needs to keep in mind some of the more extreme possibilities in both directions.

$20 is highly unlikely, but not impossible.

Cheers,
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