Who could imagine just a few months ago that oil futures could trade at 36 dollars a barrel? Pretty amazing. In the financial markets the old and bold traders tell you all the time to expect the inexpectable. Planning for extreme scenarios is absolutely necessary for survival in the markets these days.
Time for the 'Commodities Contrarian Contango' with Precious Metals and Energy [View article]
I am short oil and I have been posting my real time trading decisions in my blog.
Basically and in a simplistic way, I am short because underlying conditions will prevail. Oil will trade back down to the low fifities in a jifty.
Oil Drawdown Takes Traders by Surprise [View article]
I am short oil and I have been posting my real time trading decisions in my blog.
Underlying conditions will prevail, and oil will trade back down to the low fifities in a jifty.
Regards
New Bull Market for Oil? [View article]
oiltradersblog.blogspo...
Oil's Slide: A Result of Capitulation Selling? [View article]
On Dec 22 11:30 AM Herbert Hoover wrote:
> "I think the Government is selling oil."
>
> Maybe they need the money? The Fed and Treasury have been investing
> in a lot of crap lately.
The Good, The Bad, And the Inaccurate Oil Forecasts [View article]
oiltradersblog.blogspo...
Oil Breaks Below $38; Bespoke's Commodity Snapshot (12/18/08) [View article]