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$3.65 ZCZ
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JonSCKs
Posted 7/31/2014 12:35 (#3994895 - in reply to #3994882)
Subject: Something goes "boom" overseas..


If (when?) something goes "boom" in the middle east.. and Crude takes off..

$3.64 or whatever.. is gonna look real nice.

Buy the "Blue sky everything is roses" 2+ Byn carry out.. Sell the Real number 1.7..1.5 byn Realized one next year...  "worked last year."

I suspect Crude will continue to ease.. (til the next incident.. Ukraine.. Iran.. ISIS.. etc..) and that Sat's money flows are somewhat correct.. but a booming economy.. 4% GDP is NOT bearish Crude oil... Yes we're finding some.. and Exporting it.. but We're still not at $60 Crude like some on here (Tara..) said they were expecting a couple of months ago..

Tara?  Want to chime in..??

$60 is possible.. probably equal odds with $150...

jmho.. "could be wrong."

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