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

To: andiron who wrote (95806)7/22/2008 5:03:22 PM
From: I_C_Deadpeople  Read Replies (1) | Respond to of 110194
 
Problem is, through thick or thin, oil demand has never diminished it has always gone up. And oil is used not just for gasoline it is used in a wide array of common consumer products that only moderate demand increases from emerging markets will keep the overall oil demand numbers up.

I am not sure why this is simply not called a mild natural pullback ($140 to $125ish) instead of a breakdown? The same thing was said when oil went from $70 to $50.


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