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United States Oil Message Board

  • shnawa31 shnawa31 Feb 17, 2009 8:41 AM Flag

    Stop Loss ... Sell at the Market

    Oh my, the open might be very interesting today.

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    • I think a blow to the market sentiment might happen if Gm and or Chrysler fail to restructure enough to survive. Apparently this week is some sort of deadline. Having said that any sell off will rebound once people realize its not the end of the world and these companies probably get reincarnated as smaller very different companies. Its not like their factories dissapear if the business fails. If the Auto workers are wise they will make some concessions to help save the companies in present state, or they might find themselves making job applications for their jobs to a different company at much less of a salary.

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