Folks not only are we having a credit crisis but a energy crisis. I suspect we are just in the beginning of both and we have much more to go. Home loans are at a complete halt, while overnight OIL went over $145. What amazes me about OIL is that @$145 we are war, hurricane and supply obstructive free. WHAT would really happen if one of these happen?? We might be up over $15 in a hurry. I know I was laughed at last year when I said Oil to $100, then I know many believed I was crazy when I said a couple weeks ago Oil to $170 but listen it will come very soon.
Futures are down although we are 3 hours from the open and I think the move on Oil is having the futures sink lower. Lets see how we react to the open. Don't be surprised if OIL touchs $147 today !!!!!!!!!!!!!
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