interesting post, dont listen to the idiots on here m8, ur doin a good thing
the momentum came from the news story that the euro nations were putting togethere a package to sort out greeces financial problems
Re: Oil Setting Up For Bounce. U.S. OIL FUND ETF (USO), Exxon Mobile Cp (
would you not agrr though that oil was mojorly overbought in the first 2 weeks of january because traders thought the bad weather would drive prices up by using up some of the ENORMOUS reserves.
the reason the eia's...
oil will spike up very sharply if crude stocks are shown to have fallen this week when the data comes out wednesday...but will they? sure heating oil stocks will have depleted but with the weather and a lack of people driving and flights being cancelled i can see a big build in gasoline...