Even $90 Barrels of Oil Can’t Stop This Bull
Posted on October 24, 2007 - Filed Under Technology
After crude oil broke the $90 per barrel barrier for the first time some investors were stung with fear of a market downturn. Some analysts doubt that this milestone will do much to quell the raging bull market. While there are definitley some negative factors that will come out of the increase the economy should be resilient enough to continue on its current bullish path. You can read more here.
While oil is still a major factor in today’s economy, it isn’t as big of a factor as it used to be. So, with the continued bull market it is probably safe enough to continue trading, whether it is through brokers or online services, like Gorilla Trades.
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