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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (20011)10/14/2004 11:00:41 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 110194
 
heresy? i'd say just the opposite. the market predicts oil will drop 16 bucks by 2010. EVERYBODY expects oil to tank--it is surely the most popular opinion in the entire world of finance.



To: yard_man who wrote (20011)10/14/2004 11:04:31 PM
From: orkrious  Respond to of 110194
 
Oil drops back and the effect of these high prices hits the market with a lag, after an interim rally. That seems to be heresy on most of these threads -- which is why I am leaning toward it.

I'm somewhere in between, at least for a while. I think the days of $30-$35 oil are gone for good, but we certainly are due for a pullback. however, if I'm wrong, I'll be on the low side.


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