Is Crude Oil About to Crash the Markets?

Sunday, February 26, 2012
By Paul Martin

By: WavePatternTraders
Market Oracle
Feb 26, 2012

Do I or Don’t I?

I decided not to bother, what you ask? writing more of the same about the US stock markets, It don’t need a genius to write that the US stock markets are in a coma and stuck in the ICU room waiting to come back into the real world. Although nothing has really changed from the current ideas I am reluctant to post more of the same stuff when nothing really has happened.

I can write some interesting articles when the markets actually move. So I personally would rather write about something that might be of interest to readers.

Oil
How will oil, or should I say how can oil crash the markets? And I might add the economy.

I started looking into this idea a few days back and it sort of clicked as to why oil has rallied back in sync with stocks again.

There appears to be a point with oil, that when price pushes back about that area things start to crumble, I think it’s the $100-110 area.

I don’t think the world can support oil at $100-110, much less the US economy.

The Rest…HERE

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