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Message: 2009 and beyond

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2009 and beyond

posted on Jan 05, 09 11:52AM

what to make of 2009?

Well so far so good as far as the markets are concerned. US unemplyment numbers are due out this friday and I honestly feel that until that day the markets will be green.

Beyond this friday's what will surely be dismal unempolyment numbers I honestlyfeel that the latter part of '09 will not be as grim as some analysts predict.

Why? I base my opinion on the price of oil and the fact that we hit the bottom of it a few weeks ago. Oil is now on its way up and should be in the $75/barrel range by the end of 09.

An increas in oil to me means one thing. The econmy coming back to life.

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