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re: Whats the next event that could send the markets back down to the 3500 level or lower??
Posted on 11/30/22 at 7:54 pm to FLObserver
Posted on 11/30/22 at 7:54 pm to FLObserver
quote:
Whats the next event that could send the markets back down to the 3500 level or lower??
The answer to the question is when the SPR is empty and OPEC cuts production. Oil will moon to 130+ and inflation ramps back up
1
Posted on 11/30/22 at 8:04 pm to My2ndFavCivilNgineer
quote:
The answer to the question is when the SPR is empty and OPEC cuts production. Oil will moon to 130+ and inflation ramps back up
Maybe, but this board said the SPR releases wouldn’t do anything and oil was going to $200, and it’s sitting at $80. I too would have been wrong on this big of a drop, but oil has defied the odds for 6+ months now.
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