Oil hits psychological barrier of $100

[sweeps]

Crude oil just hit an intraday high of $100/barrel. Now that the $100 level has been broken, maybe it'll go to $110 or $120?

[Broken Arrow]

Maybe. Now that it has hit this magical number, I'll bet there will be some short-term sells that will cause it to dip and bob for a bit.

Eh, I really do wish I had the money to invest in oil years ago, but now....

(Wow, this in light of a 2% drop from the Dow too. Energy is the only sector that's up right now.)