“Oil made easy!”
Pump & dump seems to be the meme once again in oil, as inventory builds take
the market higher in short covering … time to roll the rock back up the hill, so
commercial’s can sell it again … which they dutifully did … gee, where have we
seen this before? … not much action here today, but notice the hourly chart for
oil looks a lot like the hourly chart for the DOW30 … stocks rally, oil rallies
… stocks get “monkey hammered”, oil goes down … nothing new under the sun
here.
Until tomorrow mi amigos … Onward & Upward!!
Have a great day everybody!
-vegas
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