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Thread: Oil
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Old 10-02-2018, 06:01 AM   #2
FakeNameChanged
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Join Date: Jan 2010
Posts: 2,176
How would it derail the market? Do you have the link to Celente's call? Last time it was over $100 a barrel, the market was at 16,000+ and doing quite well. I read another article last week(can't find it now) where some Middle Eastern oil expert said that WTI runs into trouble at 75, and Brent at 85, which we hit both this week. Not sure I agreed with that. I'm still long oil. At $100, it gives us great shorting opportunities, like it did last time.
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