Playing the QQQQ with Terry and friends. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Playing the QQQQ with Terry and friends.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MJ who wrote (4692)	5/7/2009 11:01:56 PM
From: Walkingshadow	Read Replies (1) of 4814

When the global economies begin to recover, oil is going to rally like crazy and never turn back. It really has no other choice, because were it not for reduced demand (which is temporary), we would be at or near the limits on how fast oil can be pumped out of the ground. We actually exceeded that limit last year for a while, and that is the major reason oil was so out of control until last summer. This was famously predicted by T. Boone Pickens a year earlier, and he was completely correct. We will get to that point again. Problem is, there is no real solution. If you ask me, that will end up being the major story of the 21st century.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next