Good point, sell the rumor sell the news. Oil now dropping again although the dollar is gaining so that may be part of it. Certainly one wild ride.....
gents ... here is another way of looking at the big picture silver got wildly underpriced in terms of crude oil in recent weeks although the ratio has been coming in some so if you drive alot and are patriotic buy some silver
I predicted to a tee tonights action. I SAID NOTHING HAD CHANGED WITH THE HURRICAINE SINCE FRIDAY AND I SHORTED THE TAR OUT OF THE OPEN AND MADE BIG MONEY. This is what divides great traders from avg traders is taking advange of hype and trading counter to it. good luck to all
lol you're looking for just about any excuse, aren't you? The moon is 1 shade dimmer, i'm going long!
http://nymexdatardc.cme.com/index.html CL has traded 2169 contracts in this session so far. Can any regular CL traders shed light on whether or not this is strong volume for an extended hours session?
The close above $110 was huge. If you are short, I would not count my eggs before they hatched. nitro