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Politics : Formerly About Advanced Micro Devices
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To: SARMAN who wrote (455473)2/10/2009 2:23:43 PM
From: michael97123  Read Replies (1) of 1575424
 
My feeling is that nervous producing countries will flood the markets with what is already produced. Thus like SAKS, oil will be on sale at any price as inventories reduced. From some lower number, whether $20, $25 or $30 prices will stablize and start to rise based on 1. demand and 2. cost of getting oil out of the ground. We sort of agree then.
Market at 10K in a year. I will take it in a heartbeat.
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