NYSEAM:BQI - Post by User
Post by
Canonballon May 05, 2009 2:47pm
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Post# 15968442
BQI Nine months basically sideways time for...
BQI Nine months basically sideways time for...a break out....!!!
Got back in today after a long, long absence, Who knows ...I may have to sit on this for a long time to come... but I see oil going back into 70-80.00 range by this year. And if the Israel wacks Iran on the new moon May 24 oil could zoom there very easily. (So read what's going on over there... and with Isreal's new Prime Minister coming over to visit the new US president next week - the visit should read...to get permission to hit IRAN)
Also, even if the overall market gets retested on the Nov or March lows BQI has been so beat up so badly not much down side risk any more. A few years out maybe $5 -7.00 again.
Cheers