Gary, looks like you were right on July 17, in regards to a drop in oil. Where do you expect the bottom to be and where do you see oil this fall?
I initially thought we had the bottom on the first test of the 200 DMA but I didn’t anticipate the semi crash in the stock market. Oil should bottom when stocks do. Stocks have at most 3-5 more days and this will be over.
Stocks appeared to bottom out on this cycle to me on Friday. What are your thoughts on them?
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