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I think the sp will move next week. Even though the dow was down...

  1. 2,603 Posts.
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    I think the sp will move next week.
    Even though the dow was down overnight. Oil is up again.
    Tensions with Israel and Iran. Israel doing military exersises showing some muscle.
    I just hope they leave it alone as we really do not need another war.
    Nigeria oil rig attacked by rebels in speed boats. Somalia is not the only oil country with risk. Most of them are and the oil companies are used to working in these environments. Especially Lundin which is a major shareholder of Africa Oil. I think Somalia is a safer bet than most, because the oil fields are so remote and away from the tensions in Mogadishu. Also all the right things have happend with regards to security.
 
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