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re: Is there going to be another retraction in oil prices?

Posted on 3/18/16 at 10:29 pm to
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 3/18/16 at 10:29 pm to
quote:

I know the answer is a crap shoot at best but what's the consensus on whether or not we see another temporary dip in oil prices? I have been holding back one last cash reserve for another round of buying but I'm not so sure if we're going to see another drop, thinking now may be the time to get in.


I would be almost 100% certian there is a drop coming, the only reason for this rise is a foolish hope that OPEC and Russia are going to collude to prop up prices, that aint going to happen.
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