i don't believe it but just the thought alone could put the brakes on oil futureswe stay long the near term contract here but hold our breath and attempt to resist pushing the panic button
blame the option folks for painting a two year recession scenario pushing up the price of volatility insurance-funny thing is just yesterday people were talking 50-70 on oil
the options boys are in panic along with everyone else- all is out of whack
as babies are thrown out with bath water-steady as she goes but stop yourself out down half a point because fear can drive down the price more than common sense can place it at fair value
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