Events in Russia Could Push U.S. Toward a Clearer Energy Policy [View article]
The author is long energy,I don't believe somebody with ties to US goverment believes in clean new technology nanotech junk,buy Oil today as 113$ a barrel sell it at 125-130 then wait. Oil is here forever,government can not and will not do anything about it,it all started more than 100 years ago and no one can change it,look at daily (1 minute) CL chart today,it shows how big traders want to have enough shorts that will cover it all in 1-2 weeks. I day trade Oil/Nat Gas,have no long term opinion on it,I see reality and try to adjust to it with my trading,if reality will change I will adjust to that too.Atthe moment Oil looks as a good buy.
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The author is long energy,I don't believe somebody with ties to US goverment believes in clean new technology nanotech junk,buy Oil today as 113$ a barrel sell it at 125-130 then wait.
Aug 18 14:27 pm
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All Comments by Frankfurt/Hessen »Events in Russia Could Push U.S. Toward a Clearer Energy Policy [View article]
Oil is here forever,government can not and will not do anything about it,it all started more than 100 years ago and no one can change it,look at daily (1 minute) CL chart today,it shows how big traders want to have enough shorts that will cover it all in 1-2 weeks.
I day trade Oil/Nat Gas,have no long term opinion on it,I see reality and try to adjust to it with my trading,if reality will change I will adjust to that too.Atthe moment Oil looks as a good buy.