Post by
smallcaptdr on Oct 11, 2022 9:35am
$88 Oil
We had to expect this pullback, I thought that I read that Oil would never be under $90 again well that was wrong. Recession always trumps. Just remember that the ONLY reason that OPEC cut production was to add stability and eliminate swings in Oil prices, which works pretty well from $93 to $88. Oils has been trading like this all year.
Comment by
Cobalt on Oct 11, 2022 9:39am
Recession and Covid raging again in China and the most knowledgeable banker on the planet , no worries we all bought at 25 cents never a need to do risk management too the Moon
Comment by
smocher on Oct 11, 2022 10:17am
heading lower yet. sideline time. S.
Comment by
Canukiwi on Oct 11, 2022 11:44am
Up a $1 since then. Boy, you sure nailed that. Goodbye.