Looks like that “can’t take oil delivery” is playing out… Saudi’s are going to lower production due to oversupply, so no demand is confirmed… I think inventories are reported tomorrow, so the world will know they can’t take the delivery, Cushing tanks are full! Panic?
28 days later when Pluto and Mars form a perfect square, Japan raises the Atomic Alert Level to 7, the highest level possible matching Chernobyl. A lot of 7s lately.
Remember this post on March 31st? The prints worked out EXACTLY as predicted. The market is proven to be manipulated.
http://www.screencast.com/t/yjN3PQ5lg7Gm
Looks like that “can’t take oil delivery” is playing out… Saudi’s are going to lower production due to oversupply, so no demand is confirmed… I think inventories are reported tomorrow, so the world will know they can’t take the delivery, Cushing tanks are full! Panic?
ES Near 50 day moving average: http://niftychartsandpatterns.blogspot.com/2011/04/es-hits-50-day-moving-average.html
Last year?
US Orders Blackout Over North Korean Torpedoing Of Gulf Of Mexico Oil Rig
http://www.fourwinds10.com/siterun_data/government/war/north_korea_war/news.php?q=1272743564
dunno……
28 days later when Pluto and Mars form a perfect square, Japan raises the Atomic Alert Level to 7, the highest level possible matching Chernobyl. A lot of 7s lately.
Refresh page for Monday Update…
Red, I must let you know I dropped my longs back on the 7th.
if only I bought calls instead of silly ETF’s!
ah well. pay the vig and move on.
http://practicalt.blogspot.com/2011/04/big-ts.html
hey, me too. it’s come down a lot over 2 days.
could be a bounce, squeeze the shorts, then backtest,THEN drop.
Probably waiting for the bears to jump on it in order to PUMP IT and create a short-covering rally, but that’s just my cynical self……