Friday, November 07, 2008

Crude Oil - Is a Bottom in Sight?

Here's a new video highlighting the recent fall in crude oil, courtesy of INO.com.

It's worth a quick look, I think, to appreciate the speed and magnitude of this recent decline. And also a good reminder why trying to pick the exact bottom is a fool's game. But, we're all guilty of it - it's so tempting, and you think it just CAN'T go any lower!

Also a side note, this is the 1st video I've posted from INO.com, so I would be interested to hear feedback on this. I deemed it worth a look, but probably only for the 1st minute or 2 - then it turns into more of a sales pitch, in my opinion.

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