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re: Is "smart money" piling into oil once the calendar flips to January?
Posted on 12/29/15 at 12:27 pm to Shepherd88
Posted on 12/29/15 at 12:27 pm to Shepherd88
quote:
So oil going from $140 to $40/barrell in 2009 wasn't considered a bear market?
2008 be the start of the oil bear in my opinion. From a big oil stock stand point though, several of those made higher highs after the 2009 bottom. For example, Chevron went up ~150% from its 2009 low.
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