Oil Trading Volume Surge: Desperation Of The Roaches [View article]
This is typical over pumped, over hyped Phil Davis garbage. He was calling weeks ago for oil to collapse..declining oil production numbers...continued (and unending) geopolitical problems..all a figment of our imaginations. Oil may rise a few dollars..but we all know the fix is in? Right....The real problem with this lightweight is he sees oil as a technical issue....instead of one that is exclusively fundamentally driven. And the fundamentals of this commodity are that it is in decreasing supply...and increasing demand. It's no coinicidence that he never mentions Canaterel or Burgan or Daquing...all huge fields in free fall. Follow his advice all the way to $90 oil and beyond and see how rich this nonsense makes you.
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This is typical over pumped, over hyped Phil Davis garbage. He was calling weeks ago for oil to collapse..declining oil production numbers...continued (and unending) geopolitical problems..all a figment of our imaginations. Oil may rise a few dollars..but we all know the fix is in? Right....The real problem with this lightweight is he sees oil as a technical issue....instead of one that is exclusively fundamentally driven. And the fundamentals of this commodity are that it is in decreasing supply...and increasing demand.
Apr 04 23:24 pm
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All Comments by Greg Pinelli »Oil Trading Volume Surge: Desperation Of The Roaches [View article]
It's no coinicidence that he never mentions Canaterel or Burgan or Daquing...all huge fields in free fall.
Follow his advice all the way to $90 oil and beyond and see how rich this nonsense makes you.