look to sell USO,OIH, Crude Oil into tomorrows (Wed Apr 29)EIA report...here's why..

Discussion in 'Energy Futures' started by increasenow, Apr 29, 2008.

  1. look to sell USO,OIH, Crude Oil into tomorrows (Wed Apr 29)EIA report...here's why..

    http://news.yahoo.com/fc/Business/Oil_and_Gas;_ylt=AnlvxhVp91uh9ILCmq59z22mW8kB

    Really believe tomorrows EIA report shows overstock/supply of Crude...sell off begins...comments, thoughts?...also with Fed indicating focusing on inflation and no rate cut etc...Dollar stengthening, Gold tumbling...believe it is a huge short day for USA, OIH, CL tomorrow...thoughts?
     
  2. we may never see $118 or $119 Oil price again...Never...
     
  3. we will see $200 oil at some point :)

     
  4. WOOOOOOOOOW Here comes $200.

    That's crazy that there's no more oil left.

    Thanks for the heads up. Your posts have helped me so much.
     
  5. I am so Crude Oil BEARISH going into tomorrows EIA 10:30AM report...
     
  6. this post has been confirmed...I hope you were SHORT USO, OIH or Crude Oil futures...anyone?
     
  7. ssbc19

    ssbc19

    I had a put position in the USO
     
  8. awesome....great job!
     
  9. wow...confirmed again...today...may 1st...did you get in?
     
    #10     May 1, 2008