Oil Prices to Continue to Rise

StocksonWallStreet · 10-19-2009, 04:53 AM

Expect Crude Oil to continue to rally all the way to the end of 2009. Oil is now trading at around $78 a barrel after the recent surge. So why to I the oil rally will continue?

http://stocksonwallstreet.net/2009/1...od-investment/

Crude Oil Trader · 10-19-2009, 12:09 PM

Sure, everyone wants to use 80 as a psychological target, but our next target is 81.72. And regardless of demand or dates, the 50% retracement level of 90.24 is very much in play. There is also plenty of room for some severe snap backs though without causing damage to the bullish charts.

StocksonWallStreet · 10-20-2009, 06:51 AM

So what is your long-term forecast for oil?

jacovsamuel · 11-27-2009, 03:49 AM

Oil Prices to Continue to Rise and it may be due to the consumption rate is growing day by day.........

StocksonWallStreet · 11-27-2009, 03:44 PM

Ya I am on the same page I think Oil is going up to $100

StocksonWallStreet · 12-22-2009, 02:03 PM

Originally Posted by jamesbryan

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Sounds a little fishy those gains?

StocksonWallStreet · 01-25-2010, 11:21 AM

Last years fall was a result of many other problems

StocksonWallStreet · 02-01-2010, 07:48 PM

Yes but long-term its obvious Oil is only going to go up.

10-19-2009, 04:53 AM	#1
StocksonWallStreet Senior Trader Join Date: Jul 2009 Location: Tempe, AZ Posts: 198 Favorites: FWLT, USG, GOOG Rep Power: 24 Reputation: 106	Oil Prices to Continue to Rise Expect Crude Oil to continue to rally all the way to the end of 2009. Oil is now trading at around $78 a barrel after the recent surge. So why to I the oil rally will continue? http://stocksonwallstreet.net/2009/1...od-investment/ __________________ Interested in Financial News, Market Updates, and Hot Stock Picks? Then check out http://stocksonwallstreet.net/ for more details. It's where the Bulls beat the Bears !!!
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10-19-2009, 12:09 PM	#2
Crude Oil Trader Trader Join Date: Aug 2009 Location: Tucson Posts: 29 Favorites: USO, DTO, FCG, PBR Rep Power: 15 Reputation: 54	Sure, everyone wants to use 80 as a psychological target, but our next target is 81.72. And regardless of demand or dates, the 50% retracement level of 90.24 is very much in play. There is also plenty of room for some severe snap backs though without causing damage to the bullish charts. __________________ http://newworldsolarpower.com
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10-20-2009, 06:51 AM	#3
StocksonWallStreet Senior Trader Join Date: Jul 2009 Location: Tempe, AZ Posts: 198 Favorites: FWLT, USG, GOOG Rep Power: 24 Reputation: 106	So what is your long-term forecast for oil? __________________ Interested in Financial News, Market Updates, and Hot Stock Picks? Then check out http://stocksonwallstreet.net/ for more details. It's where the Bulls beat the Bears !!!
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11-27-2009, 03:49 AM	#4
jacovsamuel Trader Join Date: Nov 2009 Location: carlifornia Posts: 30 Rep Power: 10 Reputation: 10	Oil Prices to Continue to Rise and it may be due to the consumption rate is growing day by day.........
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11-27-2009, 03:44 PM	#5
StocksonWallStreet Senior Trader Join Date: Jul 2009 Location: Tempe, AZ Posts: 198 Favorites: FWLT, USG, GOOG Rep Power: 24 Reputation: 106	Ya I am on the same page I think Oil is going up to $100 __________________ Interested in Financial News, Market Updates, and Hot Stock Picks? Then check out http://stocksonwallstreet.net/ for more details. It's where the Bulls beat the Bears !!!
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01-25-2010, 11:21 AM	#7
StocksonWallStreet Senior Trader Join Date: Jul 2009 Location: Tempe, AZ Posts: 198 Favorites: FWLT, USG, GOOG Rep Power: 24 Reputation: 106	Last years fall was a result of many other problems __________________ Interested in Financial News, Market Updates, and Hot Stock Picks? Then check out http://stocksonwallstreet.net/ for more details. It's where the Bulls beat the Bears !!!
	Rate this post \|

02-01-2010, 07:48 PM	#8
StocksonWallStreet Senior Trader Join Date: Jul 2009 Location: Tempe, AZ Posts: 198 Favorites: FWLT, USG, GOOG Rep Power: 24 Reputation: 106	Yes but long-term its obvious Oil is only going to go up. __________________ Interested in Financial News, Market Updates, and Hot Stock Picks? Then check out http://stocksonwallstreet.net/ for more details. It's where the Bulls beat the Bears !!!
	Rate this post \|

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