Quote:
Originally Posted by cookster50
Oil under $50.
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It's going to $40 and lower, imo, unless some big-assed war breaks out. Everything is slowing down in our World economy. The fundamentals don't even support where the oil price is today. I think, by March 09, oil will be trading in the low 30's/upper 20's. Just a hunch.............at that point, I suggest buying oil futures like a MF'r.