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Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius

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Thursday, January 15, 2009

Crude oil longer term


Copy and paste link below for interesting thoughts on crude

http://www.cnbc.com/id/15840232?video=994375164

Another fall to a new low might be needed to end this dramatic move down...while oil is falling can't see any rally in equities..

Short term play to upside if this happens..key level to watch 30 usd; significantly below that 17 usd...

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