Wednesday, July 28, 2010

What are your prediction for the DJI, with an Iran Oil Sanction? & What will the price of light crude bring?

also ... What would that do for U.S. oil corporations?What are your prediction for the DJI, with an Iran Oil Sanction? %26amp; What will the price of light crude bring?
It will have a negative affect on gas prices... any middle eastern conflict always does. BUT that would be a positive affect on the Dow Jones Index because oil prices would go up.





If you watch, I am willing to bet that since Iran just today submitted a talks proposal, oil prices will decrease. That does not necessarily mean the DJI will decrease because most of the time, traders just move the money into another area.What are your prediction for the DJI, with an Iran Oil Sanction? %26amp; What will the price of light crude bring?
A zillion dollars a gallon--then we'll find or develop alternatives.
F**k the wildlife. Drill in Alaska. Our country comes first.

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