I warned everyone Sunday night about this Nigerian Situation they attacked another Royal dutch Shell pipeline -the was also a forced short covering rally i effect as panic set in they were very very short at 67.5 and lower -I told you guys to buy at 67.18 and did so myself
We are in a new range remember 47-54 well this one is 66-73 and We are half way to selling end of it
all signs point to lower the jobs were bad not good GDP was a wash. I sold but I will try to get a feel on this geopolitical risk it is to be taken seriously in terms of oil price?
When it wasn't reacting to the currencies you had to think something was up.
Well the market is up and if it continues it will pull oil just like oil probably started the rally by dragging commodities with it. The tail and the dog the cart and the horse the chicken and the egg. Overnight I will position short unless I hear something more either Iran orNigeria.
and drop an email chrgr06@yahoo.com to schedule
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