Fri, May 24, 2013, 9:05 AM EDT - U.S. Markets open in 25 mins.
The hurricane office say it'll be past in 48 hrs...ie the weekend.Thus, by Monday pre-open, if hurricanes pass by with little effect, crude could be opff $3 before open.Anyone thinking of taking profits on the rumor? Just wundering.
Too late.Buy the hype, Sell the facts.
I think the peak period will be Tuesday. I doubt thishurricane will have any effect.I've seen much larger ones.hero
Concerned about next EIA. Will not be holding Tues but looking to buy after.
Maybe, but in 2 days the cyclone could get even worse, then oil will really rip... Plus mkt rising, Iran, all points to higher oil price short term...
The Iran fear is ridiculous. If Iran gets attacked all mkts will plunge.(Maybe Haliburton will go up)And there is already an oil glut.