Replies to Msg. #642876
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 Msg. #  Subject Posted by    Board    Date   
34279 Re: Oil Wipes Out 2011�s Gains on Stall Signs
   $60/barrel oil? I am not so sure of that...only because we are getting...
pdowd   ROUND   04 Aug 2011
11:10 PM
34277 Re: Oil Wipes Out 2011�s Gains on Stall Signs
   Decomp, That's fuuny I posted this earlier this afternoon, of cours...
clo   ROUND   04 Aug 2011
10:48 PM

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Re: Oil Wipes Out 2011’s Gains on Stall Signs

By: Decomposed in ROUND
Thu, 04 Aug 11 10:44 PM
Msg. 34276 of 45644
(This msg. is a reply to 34267 by Decomposed)
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Oil is now down more than $5/barrel. My natural gas ETF, UNG, is under $10. (Since it had a reverse split, that's to say that it is below $5. That's the lowest I remember seeing it.)

I'm tempted to buy more UNG but . . . no. There's too good of a chance that the bull market is finally over - in which case we may be seeing oil at $60/barrel in a few weeks.




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