XJO - Bear Posts only (Factors which might cause the markets to fall), page-12543

Could this also mean a slow down in the global economy? With less oil being produced that drove the price up to $90+. The hamas attack was after the price fell..

People need to understand that this fall was fear of economic collapse (a situation that doesn't need as much oil).

There are so many conflicting issues at present where the pressures are pulling against each other. Falling below $80 doesn't mean it's a good outlook.

The only positive with a drop in oil price would be an increase in production levels. A movement in either direction without this, signals negativity.