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Is it wrong to hope spot price keeps dropping??
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<p>[QUOTE="medoraman, post: 3543173, member: 26302"]I would agree history does not say it will go up, but it also does not say it won't. Both of these shocks had to due with price of crude, though somewhat delayed. Have a major war in the Persian Gulf and I think that would be another shock. The history of 30 years between shocks is not magical, we are not automatically 20 years away from another spike. Not saying it's close either, saying it has nothing to do with time, only worldwide market conditions.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 3543173, member: 26302"]I would agree history does not say it will go up, but it also does not say it won't. Both of these shocks had to due with price of crude, though somewhat delayed. Have a major war in the Persian Gulf and I think that would be another shock. The history of 30 years between shocks is not magical, we are not automatically 20 years away from another spike. Not saying it's close either, saying it has nothing to do with time, only worldwide market conditions.[/QUOTE]
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