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 : The Art of Investing
PICK 53.89-0.8%Jan 8 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sun Tzu who wrote (5334)9/23/2022 11:02:21 AM
From: Sun Tzu1 Recommendation

Recommended By
catou1

  Read Replies (1) of 10722
 
Oil finally hit 70s as I had been expecting. A lot of portfolio and hedge fund managers are now hurt very badly. Their instinct is going to be hold the tiger by the tail and ride it out. But with the end of quarter approaching, they may be forced to sell. My expectation has been for oil to hit mid/low 70s, then bounce to mid/high 80s and eventually settle in the 60s.

So far it is going according to the "plan". I am waiting for a capitulation so I can buy in (a trade, not an investment).

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News