SI
SI
discoversearch

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 : ajtj's Post-Lobotomy Market Charts and Thoughts

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lee Lichterman III who wrote (61503)6/1/2022 4:22:18 PM
From: ItsAllCyclical2 Recommendations

Recommended By
Fiscally Conservative
Lee Lichterman III

  Read Replies (1) of 97822
 
Oil was in massive structural deficit both from a storage and production standpoint prior to the war. Like many he's mistaken that if the war ended oil would some how go back to sub $80. Looks like it's going to take more demand destruction to balance things which probably means a price over $140ish this year. But again not so much about the price of oil vs the what's happening w/the stocks. Slow and steady or better yet a range bound crude price would suit me fine.

So his comment is idiocy on several levels.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext