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  • tekstockwatcher tekstockwatcher • Jul 9, 2008 10:54 AM Flag

    USO : Peaked Would go down

    If you checked my message on 3rd july, I predicted oil is going down.Only time I can see big spike in oil is between Oct 15th to Nov 10th(where iran conflict could happen)
    Big fall would be between July 25th to Aug 1st.
    Permanent demage after nov 15th ,2008 and no chance of recovery. I don't see oil coming back after all of this.It may go as low as $50.

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    • tekstockwatcher tekstockwatcher • Jul 9, 2008 11:34 AM Flag

      Oil longs save yourself some money.Neptune (oil ruler) needs somebodies help to move oil up and that help is broken by venus(later mercury) and getting broken when jupiter moves with neptune on nov 15th permanently).
      Mars aspect of Neptune from last august was spiking oil and that is gone now.
      you will see lower low and lower high.Oil is in bearish market.
      But in oct 15 to nov 15th ,you could see a big spike followed by big fall.

 
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