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Old 12-29-2014, 07:57 PM   #4656
scho63 scho63 is offline
Politically Incorrect
 
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Join Date: Feb 2009
Location: Scottsdale, AZ
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Oil prices are in bigger trouble and may crack the $50 level soon. That will actually not be that good if it plummets to $35 or $40 a barrel. Then it becomes counter productive in a big way.

Hearing from my trader friends in London that there is another large supply looking to find a market...

Russia, Iran, and Venezuela all could have deep recessions next year which may not be as good as we think because of all the instability. Russian and Iran could team up to do evil.....Venezuela is just a shit hole banana republic these days led by a Socialist...
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