next week: bullish or bearish?, page-2

  1. 728 Posts.
    im usually on the bullish side of things but im going to wait it out this weekend and see how the situation in Saudi Arabia develops.

    My reasoning is this, if Libya can cause this much panic in the markets while being only the 4th largest OPEC exporter then Saudi Arabia being the number 1 OPEC exporter is a big concern if they have similar uprisings.
    Also the planned 'Day of Rage' in Saudi Arabia is scheduled to go ahead tomorrow.

    Having said all that i cant believe these are things we have to worry about when investing in the ASX!
 
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