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To: RonMerks who wrote (9276)4/17/2008 7:28:05 PM
From: roguedolphin  Respond to of 50730
 
<<<"I bet Oil is back to $60 this time next year and the top for oil is a couple of months- if not just weeks away.">>>

Well if that happens I would think that the US dollar Index would have to stabilize or rally a bit in that time frame.....

....maybe higher US interest rates ahead??



To: RonMerks who wrote (9276)4/17/2008 8:26:27 PM
From: bullbud  Respond to of 50730
 
Could be. The market will tell us but for Oil to see 60 bucks again, demand from China and India will have to fade fast. I just don't see that happening.