GREY:ROAOF - Post by User
Comment by
jfallenangelon Dec 07, 2008 11:58am
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Post# 15632163
RE: 3,500,000 BARRELS / DAY CUT OPEC SAYS
RE: 3,500,000 BARRELS / DAY CUT OPEC SAYSIn addition to the barrel's cut that are coming on Dec 17.....in the two days leading up to that date (Dec 16 & 17) you have the US Fed meeting.....market is pricing a 50 bps cut currently. Nice week of stimulus coming -
The following week tax loss selling is over Dec 24.
Probably most important is that tmonth later Bush the worst president in human history is gone Jan 20.
Shaping up to be a nice 45 days