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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (38463)	10/4/2012 3:30:54 PM
From: Keith Feral	2 Recommendations Read Replies (1) \| Respond to of 219066

Sequentially, the direction of oil prices appears to be lower on a yearly basis. Prices are showing weakness across every time interval with the exception of the spike today. Daily, weekly, monthly, 1 year, 2 year, 3 year, 4 year. Gas prices are being gouged by refiners for right now. That too shall pass. I don't think any global recovery is going to happen with $112 Brent prices. Maybe there is a chance at $100 or $90. Anything is better than looking at triple digit oil prices.