oil is an animal so wear protective gear

Well we told you to sell at 48 and it settled at 46.25 open outcry and 45.75 extended

so all should be fine after our one misread in 30 reports- this one is tricky after if the numbers come right i gonna suggest we pay attention sunday night as overnight trading action starts

if the cut is 500000 it is probably priced in and i would then sell strength if no cut is made

i would sell even on a gap down because we should see 40-42 in no time. this oil is an animal

48 yesterday possibly 40 tomorrow 42 the day before. ironic thing we touched on once before  is these cuts are actually bad for oil prices middle term because it increases capacity-that was the threat that drove oil to 150 not so long ago diminished capacity  to serve ravenous Chindia!

For now trade the range and be thankful we have something we can predict with reasinable accuracy