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.
Oil Seasonalities [View article]
Underlying conditions are not supportive of higher oil prices and the market is way overbought.
I have been posting my trades in real time in my blog,
oiltradersblog.blogspo...
Have a good trading day.
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
My Oil Outlook [View article]
You have to pay for waiting.
New Bull Market for Oil? [View article]
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Trading Strategy: Oil Stocks vs. Oil [View article]
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]
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Oil Breaks Below $38; Bespoke's Commodity Snapshot (12/18/08) [View article]