WES 1.26% $76.16 wesfarmers limited

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  1. 634 Posts.
    I actually think the US economy has turned a corner. I think there will be some bad news still to come in the next few months to spur another pullback but after that I see things gliding higher for the following year until Europe comes back into focus.

    WES does not need the dow to plummet the drop down to below $30 we have seen the beggingings of it's pullback for the last few days despite solid strength from the dow. However I do agree that if the dow pulls back to 9600 levels that WES will be affected worse than other companies and may even go into oversold territory at around $26, small chance slightly lower.
 
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