Wednesday, August 12, 2009

Fed etc

I really can't wait to open my new site I believe it will help me help members and I will never use a
Overnight went as lo was 68.84 and treaded back up to 69.8
expected that it would not go too far a great opportunity for newer traders to get acclimated to oil trading without big risk


Everybody and everyone is selling in advance of this Fed announcement
The IEA (not the EIA) reported increased oil consumption


BOE is yapping about deflation they are trying buying bonds but they are still losing their fight thus far and the rhetoric is scary as well


Fed is much later so we trade the EIA first the the FEd later