“Confused!?”
And you want your kids to grow up and be oil traders? … well now, first thing you
tell them is to forget anything and everything anybody teaches them about
“fun-durr-mentals”, and simply go with the flow … the less questions you ask, the
better off you are … this should be driven home in spades today, as yesterday’s
news bolstered oil in a blistering rally, followed by today’s numbers that were
equally surprising … and with all that talk of lower world oil demand, well the
Ruskies promise to cut supply [sure they do], and then stocks … cuz yea … so
$56 - $57 handle here we are!!
I’m so old, I can remember the $52 handle like it was yesterday [how about
2 days?] … and just like that, hopes and dreams of the 40’s crushed like an
empty coke can … and if you’re wondering, the new proprietary oil algorithm just
totally nailed this run up … it will be here soon!
I’m outta here … until tomorrow mi amigos … Onward & Upward!!
Have a great day everybody!
-vegas
No comments:
Post a Comment