Quote:
Originally posted by RawAlex@Jul 6 2004, 05:57 PM
Umm, y'all better make sure you got the other side covered...
http://news.ft.com/servlet/ContentServer?p...p=1012571727088
Iraq, Nigeria, and other issues are starting to dry up supply and drive the price up - at the time of the year where demand is at it's lowest normally (no heating oil needs)...
This may not have been the top... just a minor correction on the way to $45 or $50 maybe?
Alex
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Um, I always said from the beginning this is a correction in a bull market.
Next major low for Crude will be in November.
Eat your heart out boys!
