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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 8:04 pm to My2ndFavCivilNgineer
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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