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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: Jack of All Trades who wrote (7153)8/11/2005 6:20:46 PM
From: wmwmw  Read Replies (2) | Respond to of 12411
 
Shorting oil at this time is dangerous.
Every year it goes up from here till year end because it's moving towards higher oil consumption season.



To: Jack of All Trades who wrote (7153)8/11/2005 6:45:47 PM
From: c-hl  Read Replies (1) | Respond to of 12411
 
I am thinking somewhere below 70.
It is like a panic buy on day 2. Maybe early next week, we can see the sell signal