After the EIa i gave you my bias slightly bullish and gave you a baseline of 70.5 to buy and told you to buy dips it ot down to 70.7 and then started to gain momentum
the cobo of the EIA the market the industrial prod number prom
Another very strong bag of timely advice day in and day out If im wrong every once in a while
I hope you guys forgive me because I give you the right picture most if the time
Now we have momentum and believers everywhere I think we are gonna retest the highs now
We have to take each days news into account but we have turned the corner and I think we are gonna power up another day---We have housing starts which I think are going to be strong
and jobless claims which are still the laggerd but get a good number by surprise and we just might explode
Natty has the EIA gas and you have to ask yourself what would use gas the answer cold weather
and it looks like nationwide there was a temp0 drop with all the good vibes from GOldman
and the supercontango I think 4 by tomorrow natty runs in lines take a look at a chart
over the past two years it has many many runs straight down and up currently we are on a b line from 2.4 to 3.7 WOW!
Changing my overnight biias to bullish as sympathy rallies should lift crude through the overnight untilo the definitive news either adds fuel tomorrow or changes the tone
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