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Strategies & Market Trends : John Pitera's Market Laboratory

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To: ajtj99 who wrote (9461)5/22/2008 12:53:32 AM
From: Stoctrash  Read Replies (1) of 33421
 
...downhill as sales go downhill...makes sense this time too,,, funny how that works.

Oil could be a blow off today....but I don't see it back to 110 anytime soon. I got the chance to chat a few hours w/ and old time oil equipment supplier/PhD/inventor... he's saying 150 is the target from his Houston contacts. Some consolidation should happen in this 130's area...but who knows, trend is up.

JP...post your links on the oil Gann Stuff...please?
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