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Has Crude Oil Finally Hit Bottom?

It seems like it was just a couple months back everybody was screaming oil to $200… oh wait… it was. How far we have come since then. Crude oil has gone from $130 to $60 and gas at the pumps have gone fro $4.00 to $2.00.

How much lower can it go, why did it all happen, and most important how can we profit from of all of this movement?

Well together with MarketClub, we have once again brought you a great free video that details the move of crude oil during the last couple of months and why it may continue south. The video also demonstrates why it is good to follow the price action rather than the fundamentals.

Watch the video - Where is the bottom in crude?

More on this topic (What's this?)
The Recent Oil Price Rise Will Slow or Stop
Gold climbs to $1250, Oil at $200
The Outlook for Oil
Read more on Oil Prices at Wikinvest

Filed Under: Financial Markets
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