my vote is for a low of approx $30 before the decline is over
I know a good investment when i see it. Chris_Scoreboard’s opinions are a good investment!
Another brilliant post from Chris.
I think there remains incredible amounts of demand destruction still lurking ahead of oil markets
I’ll say this much, I do believe oil goes below $40/bbl within three months. That means I gotta sell my long oil stocks position SOON. My overall plan on oil is to DUMP them and then wait for $40 oil again, and then LOAD UP again on oil stocks.