Quote:
Originally Posted by fotze
The stock prices are going throught the roof because of that oil price though. I ain't complaining about that.
Do you sell now. It just can't go any higher, can it?
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Expressed in $US Oil and gas companies are seeing 40-50% returns this year. Expressed in Canadian dollars it's just under 20% (Still not bad at all). Now that Crude's above $90, overzealous traders will psychologically push the crude price above $100.