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The Oil Drubbing's Over

Stock quotes in this article: GE , MSFT , XLE , RTH  

This sampling of blog posts from Doug Kass was originally published Jan. 19 on Street Insight. It's being republished as a bonus for TheStreet.com and RealMoney.com readers. For more information about subscribing to Street Insight, please click here.

Energy Price Decline Is Likely Over

1/19/2007 10:03 AM EST

I'm guessing most of the decline in the price of energy is over. My sense is also that a lot of the speculators who buoyed the price of crude oil have mostly liquidated. I use the words "guess" and "sense" because I cannot be certain.

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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