Oil Down! Iran Test-Fires Long-Range Missile

Dollar Falls After AFP Says Iran Test-Fires Long-Range Missile

http://www.bloomberg.com/apps/news?pid=20601087&sid=aXq7dRnJoc3Q&refer=home

 

Iran did it again ... Crude recovered about $1 already

 

I think they look at technical indicators.

Anytime something looks ugly.. they'll fire one missile off to the air.. to keep oil at the 130 + range.

Easy money!

 

Works better than cutting interest rates.