We promised to update Joe Terranova's position on crude position.On Monday, at 4:45 pm ET, Joe Terranova appeared on CNBC's 'Closing Bell'. He told Dylan Ratigan that oil will remain between $120 and $130. POTC disagrees with Joe, as our readers will know only too well. Numerous times over the last two months we have stated that, in our opinion, the crude oil will burst "when the starter pistol is fired" in the summer 2008 Beijing Olympics.
Could our prediction 2 months ago be coming true? We hope so...
The Psychology of the Call team
well its nice to know that you have great hits here.
ReplyDeleteJT is a nice guy, but he touts his book. I like the blog.
ReplyDeleteLooking forward to the 2 utility recommendations for today.
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