~~Rants del Nicoleta~~

It’s Friday as far as I know.  I could be wrong though! =P

And so ends another week of up and downs.  Major ones include Dow’s drama of -200+ this week.  Such a crybaby! =(

Apparently more and more people think oil is going to fall a lot.  Copycats!  I called it 2nd!  (I’m sure there was at least one other person who came up with the same idea as me, maybe a hundred, but I don’t know!)

And now for some bad news.  As this is the hardest stage, it’s hard to predict where it’s all going (Hopefully down.)  I expect it to rise and maybe close next Friday somewhere between $120-$135.  It’s a huge gap, but I can’t close it anymore! >_<  It sucks!  There’s a chance (65%) of a small spike next week.  So get gas this weekend.  It’s still hovering around $4/gallon for the nation.  (It fell here to $3.699, $3.149)

By the end of Aug. it’s hovering around $3.50-$3.75/gallon ($3., nationwide is what I’m predicting.  Only if all goes well, people don’t drive up demand suddenly, and it could get lower.  I just found out China’s been hoarding gas and diesel, which it pushing the price.  As it get’s closer, I’m going to try and get it with 5cents of what it ends at.

And something that didn’t get enough attention!!!!
http://money.cnn.com/2008/07/24/markets/cftc/index.htm

Oil price manipulation!! Ah~!~!  Real Live Conspiracy!

http://articles.moneycentral.msn.com/Investing/Dispatch/080725Markets.aspx

And what do I base this on?  Beats me……I don’t know sometimes.  I really don’t.