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Author Topic: oil broke $60 level
BuyAtBottom
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probably heading higher with summer peak season
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BuyAtBottom
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also fed meeting on thursday. this is my take. they are going to raise a few more times to get the froth out of the market. most speculators are using either adjustable, interest only, or negative amorizaition loans. and since they are tied to prime, they all will head higher with the feds raising short term rates.
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<LostMan>
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I think you might be right
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BuyAtBottom
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i am already short on some of the car suppliers. maybe time to find some more.
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