RE:RE:Have we reached the bottom?Kherson wrote: Kherson wrote: With all of the recent hype about oil prices going alot lower, I believe that we have reached oil's lowest price as of today. Now I ain't gonna put any money on that call, but the oil price is no longer based on any fundamentals. Whatever is actually driving the price down could quickly change direction and drive it back up!
Kherson
I posted this yesterday. Will I be proven right or wrong? Well today will be the first day! Lol...
If yesterday was indeed the "low", then I feel we should see a strong upward price increase...
Kherson
Will my prediction live to see another day?
By the way folks, there has been some great stuff posted lately concerning anything and everything oil related. As I and everyone else are saying, the fundamentals went out the window long ago...
Kherson