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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: GREENLAW4-7 who wrote (125106)10/21/2009 8:42:19 AM
From: CommanderCricket1 Recommendation  Respond to of 206126
 
Why is today a very, very big day?

Because EIA inventories are out? IMO the inventory numbers have become less of a market mover lately. You often get volatility for a 30 minutes or so then crude trades back to the prior trend.

The $USD stalled yesterday and didn't drop, therefore traders took profits in crude (hey, wonder if Bloomberg would hire me - LOL).



To: GREENLAW4-7 who wrote (125106)10/21/2009 1:24:36 PM
From: CommanderCricket1 Recommendation  Read Replies (2) | Respond to of 206126
 
greenie,

"Very very big day in the energy arena!" - I should say so!

Have you covered yet....

Couldn't help myself.