heheh. Its good I don't know what I'm talking about. natural gas down .25 as well... at least I'm short .. and i'm actually surprised on oil. i expected at least .30 up. maybe a buying opportunity?
surprised to see oil trading down over a buck and the dow only up 17 points. This rally seems to be fading away slowly.
This thread is called "Never Short Oil Over The Weekend". Let's please stay on topic and keep away from the personal revelations, personal attacks, personal threats, etc. C'mon guys, this discussion is about oil, no need to try to make it more. Thanks.
this thread should have been called "never short oil over the weekend until people wake up and see the weather on the east coast is unusually warm "
I dunno, when you see these kinds of threads and frantic posts (some that are several days old) pushing one's position, it's almost karmic that oil went down today. If I were long oil into the weekend's news and saw today's price action, I would hope to think I'd have switched short at some point -- but how can you go short (or at least post that you've gone short) after starting such a thread?
That's a nasty looking Natty chart. Unless we get a cold spell real soon, this could see mid $5 range. Crude looks supported above $60.