RE:RE:RE:Sold my position Paray99 wrote:
bigstar10 wrote: Looking good for my 2.68! Glad I sold this am
Very bad idea at this point. This is going to be above $3 next week. Look at the inventory drop by over 12M barrels and Opec is planning a production cut decision, mos5nprobably on this Sunday.
As I said before, all the stars are lining up for a real oil bull. Once started, nothing can stop all these cash cows! $3 is just my guess for next week, but the highs are unpredictable, it could be even $6.
I told it last week. For those who sold, there were good opportunities to buy back in last 2 days, as ATH was not holding its prices though rose in between. But today it might start its rally and there may not be much pull backs to buy. This rally might go all through the December. Santa is already in the town!