Oil prices closed at -37 dollars a barrel.These are not normal times(no kidding).When does the stock market crater like oil,is the question. In my opinion,we could go up for a short time,based on Fed intervention--above 2920 would indicate a move to 3000 S&P,but a drop below 2740 might mean a drop to 2400. Tough call here. --GRA
Oil prices closed at -37 dollars a barrel.These are not normal times(no kidding).When does the stock market crater like oil,is the question.
ReplyDeleteIn my opinion,we could go up for a short time,based on Fed intervention--above 2920 would indicate a move to 3000 S&P,but a drop below 2740 might mean a drop to 2400.
Tough call here.
--GRA