Love the dedication LOL
Anyone else think Oil is a nice short play at these levels??? $110.50 WOW I really don't see much more of a ride before a pull-back to at least the $107 area. Nothing really changing supply/demand side IMO and i'm thinking people are gonna want to book these AMAZING profits before the weekend.
Any opinions on this???
1 comment:
I've been wanting to short oil since $93 :-) as it should go back to $80.
The reason I haven't is that it's on such a hair trigger. Chavez throws a hissy-fit, some fool blows himself up along with an oil terrminal, Pakistan or Turkey go ballistic, etc...
Too many things that could go wrong so I've forgone that market for now.
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