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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (14332)10/30/2004 5:52:01 AM
From: Crimson Ghost  Read Replies (2) | Respond to of 116555
 
All a matter of timing.

Long-term I am as bullish on crude prices as anybody. But it won't be a straight line up to put it mildly. A $15+ drop is in the cards sometime next year before the bull trend resumes IMHO.

But crude probably will be over $100 by the next presidential election.