Thursday, August 10, 2006
Terror and Oil
Please keep in mind, when buying oil, it is likely to get hammered over the next few trading sessions-- due to airline terrorist risk.
The crude bears are everywhere, already nailing the coffin shut on oil. Don't pay attention to those jokers. However, don't be overly aggressive by loading up here.
Bottom line: Oil will be under considerable pressure, near term. Take my list in the previous post and run with it when crude rebounds.
The crude bears are everywhere, already nailing the coffin shut on oil. Don't pay attention to those jokers. However, don't be overly aggressive by loading up here.
Bottom line: Oil will be under considerable pressure, near term. Take my list in the previous post and run with it when crude rebounds.
