Oil will take a big hit in the short term. Barclays, who has been fairly accurate, are saying we could see $80 with a sub 80 if people over react.
The S***T will hit the fan when AIG goes down or at least that is what some commentators are saying.
I am foxed that the USD is actually holding up. As a store of value it currently stores nothing but humungous bank and broker debt.
Worley is a company I know little about. I think it has, like some of the mature miners, enjoyed it's hey day for now. I like companies swimming in cash.
Keep an eye on the junior oils when oil takes its hit. That might be time to get your toes and feet wet.
