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Letter "P" » Phil Flynn Quotes
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«The market is showing signs that we may have put in a near-term top in prices.»
Author: Phil Flynn
«As oil tries to put in its seasonal high, it continues to be hit with all the worries on the geopolitical front.»
Author: Phil Flynn
«We're one headline away from being at 80 bucks. That's the problem with this market. You can't get a break.»
Author: Phil Flynn
«Ten years ago, (Bolivia) wouldn't have created a ripple because there was enough world supply. But now we're in a sellers' market. What we're seeing now is any nation with any supply is trying to cash in. It's a very dangerous trend.»
Author: Phil Flynn
«There's so much that could go wrong right now. This is the scariest time we've seen in oil in a long period of time.»
Author: Phil Flynn
«It was Iran worries that drove the market but today it could come down to the numbers. The Department of Energy report may actually be the deciding factor as to whether or not these price levels are justified at this time or whether or not the market has one less worry.»
Author: Phil Flynn
«It seems like every storm we get, the market gets more sensitive to it.»
Author: Phil Flynn
«The market really went bonkers about this storm, even more than usual. That tells me this market is looking for excuses to drive higher.»
Author: Phil Flynn
«Today was a golden opportunity to sell off. One would think that, with Katrina going off in a different direction, the market would, too. But it didn't.»
Author: Phil Flynn
«Likely at that [$2.80] point, people are going to adjust to those prices, and then [prices] are going to hedge up a little.»
Author: Phil Flynn
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