rightone
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03-30-2011
06:29 PM
Re: From the floor March 30
Oil stocks in USA at an all time high and consumers right fully "gun shy" on summer gas outlook means vacations ALOT closer to home again ( another year of "staycations" actually ), and great demand for hamburgers and hot dogs.
011 could be the perfect scenario for a 50% correction in oil prices.
Yet bigger supplies and less and less current use.
( get out there 600 to 1,000 miles and all of a sudden gas starts ticking 5 cent to a dime every day...burned quite a few folks so far in 011....folks generally do not stay stupid forever.)
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