Tuesday, September 09, 2008

OIL NEARING $100/BARREL

NYTIMES: Market Summary
At 7:08 PM ET: Sep '08 light sweet crude futures and Dec '08 gold futures are both down in after-hours electronic trading. Sep '08 light sweet crude futures are down $0.62, or 0.60%, at $102.64 a barrel in Nymex trading...
  • OIL WILL BE WELL BELOW $90/BARREL BY ELECTION TIME
  • AND GASOLINE BELOW $3/GALLON.
  • THE ECONOMY WILL BUILD STEAM
  • AND WE WILL HAVE A DECENT CHRISTMAS RETAIL SEASON
  • AND THE ECONOMY WILL REBOUND MUCH BETTER THAN ANYONE NOW EXPECTS.

No comments:

Post a Comment