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oy, bull got one last chance this afternoon. a strong afternoon close will bring the suspense to tomorrow as whether 1945 will break. otherwise bull is over.
Somebody pleae explain to me who would just dump 600 million unless it was a big fund who's other bets had gone horribly wrong. At least know we know why the oil market has been on crazy pills.http://www.reuters.com/article/us-oil-f ... SKCN0VD0D7
Trades with cats wrote:Somebody please explain to me who would just dump 600 million ...
If they got a memo that oil prices were going to stabilize circa $30, then getting out of a leveraged short biased oil fund would be the thing to do, no?
Trades with cats wrote:Somebody pleae explain to me who would just dump 600 million unless it was a big fund who's other bets had gone horribly wrong. At least know we know why the oil market has been on crazy pills.http://www.reuters.com/article/us-oil-f ... SKCN0VD0D7
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Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.