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To: LTK007 who wrote (3813)	11/22/2008 6:17:34 PM
From: Crimson Ghost	1 Recommendation Read Replies (3) \| Respond to of 3906

Crude oil looks interesting here. USO could rally 50% and still be 50% below its peak. The most depressed major commodity. I am long USO and XLE Sanford Bernstein projecting an average oil price of $70 in 2009 and $80 in 2010. PS I have a suspicion we may pull back some Monday. The Saudi Arabian market -- the only market that trades on a Saturday -- plunged 10% today despite the strong bounce on Wall Street. Also junk bonds -- which often trade with stocks -- did not participate in the the rally on Friday.