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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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To: elmatador who wrote (4614)3/4/2020 10:57:05 AM
From: robert b furman  Read Replies (2) of 13796
 
Hi el,

Hope you get better.

With rates down to zero and world fund throwing money at it - equities are the only game in town and will explode from the global flood of free money.

Looks to me like oil has bottomed with lesser builds than thought.

Both CVX and XOM have had 12 hour rsi bottom on the open on 2/27 @ 8:00 am.

Peak shale oil will happen Q1 of 2020 and then demand for summer driving will kick in with or without covid 19.

Bob
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