Day #2 - WTI $93.80 LOW - SHARE PRICEYesterday was a very interesting day as WTI had a gain up to $97.66 US.
And today Recession Fears are taking WTI down again. Media, today's corruption.
Let's see how Suncor performs on Day #2, a Negative day.
My two cents is that Suncor will close more that 2% down today.
Hopefuly I am wrong, but since money is moving away very fast from Stocks don't be surprised at today's closing share price. 3 Days in a row like todayputs me out by Thursday or Friday.
8% a drop is the most I will endure like stated. $41-$42, But, like I said hopefully I am wrong and Suncor can move upwards this week. If not, my gamble was in my error. (my gut feeling told me to sell August 29th by the way)
Spanito