Long Oil On Open!

Discussion in 'Commodity Futures' started by The Kin2, Jun 2, 2007.

  1. I wouldn't advocate automatically shorting $68.00, but if it does not push through with the news that is out there, then I believe the range will form. I agree that it is a dangerous time to short, but if it is unable to break that level even with the news out there, then I think you have to reevaluate the long positions at the very least. Never hurts to take profits.
     
    #11     Jun 6, 2007