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Strategies & Market Trends : Ask DrBob
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To: shadows who wrote (99159)7/30/2008 10:26:22 AM
From: Drbob512   of 100058
 
shadows: Yes, you are right, if global demand follows the U.S., then crude could drop a lot more than just 120/110.
that is the wild card so to speak. i think slowing global demand may be offset by declining global production, but no one knows.
to me, it is a bit late to be shorting crude or oil stocks, but i could be wrong

drbob
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