whether its the greatest rise of all time or whatever, eventually OIL will become indifferent to all the ramping stories as it reachs the peak of mount everest.. then a couple of moments to enjoy the view at the top and then going down very fast with the avalanch...
Its so obvious: OIL IS A BUBBLE caused by US banks/hedge funds trying to save their balance sheets after sub-prime and then taken advantage of by OPECs sovreign funds to ramp price higher fore more profits.
Once one of these guys pull the pin, everything will give way for the collapse....
oil smashed very hard indeed, page-10
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,988.1 |
Change
-25.300(0.32%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,013.4 | 8,013.4 | 7,918.9 |
| XJO (ASX) Chart |