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Art Cashin says Watch the Price of Oil.

Traders are watching this very closely. A close below $80/barrel might signal deflation.

For all the Art Cashin fans out there.

http://www.cnbc.com/id/102090838

Comments

  • edited October 2014
    Getting close to $80. I'm guessing if $80 breaks, it's down to $78-79 quickly. Will be interesting to see how energy goes if Winter is colder than expected again.
  • Memo to Art: What do I do if WTI stays below $80? Rises above $80? How long should I wait after WTI passes the $80 trigger before I implement these strategies?
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