Thanks 9L,
I have thought the smae and your graph depicts it well.
So oil peaks at $139, media chaos sets in, everyone watches oil, saudi's meet monday and say they are raising stock piles, oil calms down to $120 odd, DOW goes back into a range trade patten falling to 11,500, and continues on its merry way????
Just a thought, but what drives the market futher. Tonight i hear RBS giving 300 of their clients with chaotic statements saying its all over and to sell up...
I think our AUS position is still OK, economy going well and the people who want our ores are going OK, China reversed its downward trend today as well. Just don't touch banks, transport or insurance companies.
hmmmmmm food for thought
CK
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