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camarodan64 (< 20)

November 2014

Recs

3

oil sell off may have systemic risk to market.but not till Jan 17 2015

November 29, 2014 – Comments (3) | RELATED TICKERS: CSX , XOM , EMES

im pretty sure we will have a good Christmass shopping season as things in the energy complex return to "normal levels"  in a abundant supply state, back in in 90's $18 was normal so with the supply situation larger then demand a good low price of $40 a barrel will probally be reality within 6 months and Americans will be happy to be living with gas under $1.75  seriously life will be back to normal after this oil run up has burst......the oil credit market may be at risk and cause assets to use mark to market for value, if this happens sell everthing by jan 17 2015 as a small bump in gdp may occur for the usa as investors lose billions on energy investments but that crisis at some point will cause a buy oppurtunity.  [more]

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