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Strategies & Market Trends : Longer-Term Market Trends

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From: Fintas11/19/2013 12:33:59 PM
1 Recommendation   of 3209
 
Crude. I've read a few targets re Crude.

One had a low of 40.

Another had a low of 20.

Not sure what the time frames were but the 40 gave the impression it would be within a year.

My work suggests Crude has a 81 and under that 72. It will be hard to get under 60 and one can pretty much forget 40 any time soon. So when I read words like Crude is crashing and it causes me to look up at a screen and I see 92. 30 ish. I say well is this person pushing his own agenda or is he deluded.

Those who forecast Crude and do not understand the complexity of the pricing best spend some time reading up on the seven sisters.

ORIG and DRYS that owns 78 million ish shares of ORIG will benefit from crude and any price point over 60.

I'm really liking this site. I can put up what I want re long trends and strategies.

More importantly, no one knows I'm here. GIGGLE

Fintas
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