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Direxion Daily Financial Bear 3X ETF Message Board

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  • wsjjswwsjjsw wsjjswwsjjsw May 27, 2009 4:12 PM Flag

    oil future behaves very strangely

    How about the North Korea threat?

    Serious conflict will spark inflation, which drives up oil price. On the other hand, N K is not oil producing country and does not control the oil route, and US dollar may strengthen, which drives down oil price. So this is really 50-50 bet.

    FAZ is affected by the inflation expectation.

    I like to make money but it seems this country is facing some real challenge. I hope the administration has not lost all of its wits, if it still has any.

 
FAZ
38.42+0.08(+0.21%)May 23 4:00 PMEDT