RE:RE:WTI crude oil price forecast (yesterday) Yes posting your rhetoric on multiple potential oil prices from various research firms is not much different than posting every time the weather forecast changes. I live in northeast Saskatchewan and all the weather is a base to make your decisions from. This is the same as with the oil price.
Nobody knows for sure what exactly is going to happen with the price of oil. There are general indications as what what may happen but it is up to you to make your own decision and leave people out of your posts.
There are a multitude of things that factor into oil price one of which is demand, the next is supply. No matter how you look at it over the short-mid term this is bullish. Then there are economic factors to weigh in on and government regulations. Of course with this poorly planned way to go green there are too many variables to pull this off and the problem is they want to use the oil companies monies to do this. So why would they increase production when they know they are going to loose money. Demand will be there for many years.
give your head a shake when you change your opinion about the outlook of for oil 3-10 times a day.
I can see oil any where from 75- 110 per barrel this year it could go either way everyday. I bought shares multiple times and sold share's multiple times. Keep you own options open and hope for the best and plan for the worst.
Investing is not done multiple times per day, trading sometimes is done multiple times per day based off of a person's situation. Don't complain when you buy or sell. If you get caught with all your money in at a high it is your fault. Alway keep some on the sidelines for when it goes down. I have yet to see a stock only go North.