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Reply to "Oil Prices Surge Above $100 a Barrel for the First Time in Almost Four Years"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It took all of three weeks for oil to go from $60 to $107. And the war has only just started. [/quote] Didn't it start the year around $55? Essentially doubled in 2 months? Insane.[/quote] Well, there's a war all over the middle east which is preventing oil from getting out plus the destabilizing intervention earlier this year in Venezuela. What did people expect would happen.[/quote] Pp here. I got into energy stocks at Christmas because the charts indicated a move to 150 or 200 following a breakout from a 3 year base of consolidation. I thought it was preposterous at the time but... here we are. [/quote] Ah yes the classic 3 year base of consolidation. Always precedes a Middle East war.[/quote] I realize you're being a d*ck but you can't argue it didn't predict a big move up![/quote]
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