4/24/2008

Crude Oil on Sale?

The eternal question, how high will it go, just won't go away. That along with the blank stares when I tell them I don't know are starting to annoy me. So I will step out and say this may be it for a while.

So there it is my prediction, which I will stand by until it goes higher. :)

The downdrafts on crude oil today were quick and violent. There seemed to be a hint of panic selling at times today. If the street's money flow starts to move out of crude oil the reversal will be interesting.

Oh and by the way, I still don't care where the price of crude oil goes.


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