Elemental,
Stop it already.....
"Revolutionary change" doesn't happen overnight.
So just a short while ago we were travelling at +$80 for POO and everything was humming, now within weeks we are seemingly having OPEC dissolved and an oil glut exists....too much shale oil.....and it was done to punish the Russian's too, don't forget that one
Time will tell. I doubt very much we will get to $50 for POO.
IF.... there is an energy crisis, nobody has told the Chinese lol.
CSI 300 has rocketed over 25% in the last two months. Check out the German bourse too...
This is $US driven, temporary dip in POO.
Shanghai Shenzhen CSI 300 Index
SHSZ300:IND
3,134.8927.97 0.90%
As of 00:08:00 ET on 12/10/2014.
Have we passed the bottom?, page-52
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