Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 41.75

+8.2%

Dec 19 4:00 PM EST

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To: Hugh Bett who wrote (67533)	9/23/2011 10:44:05 PM
From: Winfastorlose	1 Recommendation Read Replies (1) of 207357

The Chinese would love 10 dollar oil. They could use that 2 to 3 trillion dollars they have hoarded to buy up a lot of oil production if oil hit 10 bucks a barrel. In the 2008-2009 rout, the Chinese were buying up everything they could get their hands on in the way of raw materials and raw materials production.

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