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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GoodGord who wrote (79166)2/2/2016 4:43:16 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Hawkmoon

  Read Replies (1) | Respond to of 222044
 
There's very little to move this market higher other than hope... and hope isn't a very reliable market mover... iran is only first beginning to dump millions of barrels onto the open world market now, and the OPEC gang isn't cutting production because they don't trust that Russia would also cut, so expect oil to be leaking out the bottom of this market like goose poop out of a sieve in tsunami proportions... it won't be pretty, just stay short and stand back while the perma bull bottom pickers try their luck, and they're gonna need it...<g>

GZ