RE:RE:AmazingNot sure if you understand my statement,.. take a look at oil price now.
Alpha72018 wrote: And it's exactly this kind of thinking that leads to losses. "Something going on with oil?" Like what exactly? The oil market is insanely complex in everyway... I'm reading many are expecting oil to boom after the US election, stating Israel will be free to attack Iran and their oil infrastructure... but regardless who wins next week, both parties don't want high oil prices! It doesn't help them politically and makes everyone poorer if it gets more expensive. People are saddled with debt and having trouble making ends meet. IMO, Israel won't hit oil infrastructure UNLESS there is available oil elsewhere to replace it. Funny how major attacks always happen when markets are closed lol. Oil is everything and the world depends on it. Make it expensive with a world ridden with debt and already slowing economies/companies posting lower earnings, and we're all in trouble fast. Oil at 100, 150, etc is not a blessing.