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**Lautouzhi** · 10-11-2007, 07:35 PM

My bet gone wrong. Time for some setbacks. This teach me not to "gamble" when I'm damn busy. Oil price is almost $100, But I do think that the oil price uptrend is too steep, too fast, a sudden correction of 10% - 20% is possible anytime. OPEC is going to have a meeting next week, and if they announce that they are going to rise oil production, oil price will fall. And when oil price falls, this will create a bullish sentiment to the market.

US Federal Reserves is likely to cut interest rate again this December, hopefully this will create a booster to the stock market again

10-11-2007, 07:35 PM	#3 (permalink)
Lautouzhi Addicted SGClubber Join Date: Aug 2007 Posts: 798 iTrader: (0) Gender: Zodiac Sign: Country: Location: Paramount SGC$: 1,343.90 Bank: 0.00 Total SGC$: 1,343.90	Re: I'm back My bet gone wrong. Time for some setbacks. This teach me not to "gamble" when I'm damn busy. Oil price is almost $100, But I do think that the oil price uptrend is too steep, too fast, a sudden correction of 10% - 20% is possible anytime. OPEC is going to have a meeting next week, and if they announce that they are going to rise oil production, oil price will fall. And when oil price falls, this will create a bullish sentiment to the market. US Federal Reserves is likely to cut interest rate again this December, hopefully this will create a booster to the stock market again Msn : To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.