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!973 joke that I remember& one true story
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SeniorCitizen
Posted 1/4/2008 09:07 (#275249 - in reply to #275234)
Subject: Re: !973 joke that I remember& one true story


I don't have a strong view. I thought the crude oil topped at $95....One friend who handles commercial hedging for a couple of oil companies indicates 'stay long energy.' Another indicates this first $100 trade was one contract traded at that level.....& that we are now in recession, he feels, and the crude is headed lower, eventually. I turned my crude chart face down & refuse to look at it as I am mad it went thru the $95...
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