RE: No signs of life #1I am trying to control myself - I have the finger on the buy button but I am amazed at the price action.
Oil is close to 80.00/bbl, I expect Oil to soften a bit and perhaps re-test 67 to 71 per bbl over the next 3 months before moving onto 100 early in 2011. What does SU go to in the near term with the process issues and if oil moves a bit lower?
I find it hard to believe we can go much lower from here - wonder if I am missing something? I should take a half position at current levels - just have a feeling there is more to this story.