Stock Market Thread

[ScottyB]

i read a little article that OPEC never figured out a counterattack to the dropping oil prices, so by default they're just going to continue letting their prices fall as well until their competitor oil shale operations start to go red, which is apparently right around $80/bl. who knows how long that will last though because apparently it means a couple middle eastern countries have completely f'd budgets due to banking on their market rates staying predictably high.

i'm not in anything directly natural resource related but if i was i'd wait this one out on the sidelines. i don't think anyone knows where the tipping point will be in this battle except the oil producers themselves.