Want to talk about unfortunate "Black Swan", Tropical storm Gustav.... What a bitch.... that should have been enough to get oil to crack 110, and we could get a Good tradable low....
114.5 on the nymex
if we can break 113 on Brent, that would be a good sign we will retest 110 on the nymex
But... Maybe we can get one out of materials stocks...
Oh... and I guess those predicting "peak dollar"(WTF?) a couple weeks ago... Umn I guess it makes them wrong. Que Broken Record?
Tuesday, August 26, 2008
1.46 dollar euro
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