Time to short Oil

Is it time to start shorting oil according to seasonal charts or is this just a temporary pullback. Lets hear your opinions.

 

oil going to 100 very soon. gold will double within 2 years. this just a pullback. we are in an era of inflated prices, inflated markets, inflated asses.

 

You MUST be right. My secretary has been wearing those stretch pants lately, instead of those tight jeans.

 

Does your sarcasm mean you disagree with him?

 

What news just came out in Crude?

 

I'm wondering that myself...yikes.

 

It initially looked like short covering on the 2:30 Bell, but it kept going!

'enjoyed the volatility today!

el surdo

 

Does the crude market close at 2:30?

 

NYMEX pit trading closes at 2:30.


GLOBEX Trading Hours (All times are New York time)

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Open outcry trading is conducted from 9:00 AM until 2:30 PM.

 

With the supply report today, im surprised Crude is in positive territory, after being down more than a dollar. Violent short covering? I can find absolutely no news. As soon as I saw it go up up up, I was sure im gonna find some significant news. But NOTHING.

Any ideas and/or guesses.

Tomorrow should be an interesting day