RE:It's going down, I'm yelling Timber!Unlucky13 wrote: How low can it go! Oil is going back down to the $20 range it would appear, already there, oil down $2.50 now. All you greedy pigs got slaughtered today, I was smart and sold off some before the Open. All this weather and Libya stuff had no bearing on today's supply slaughter. Demand and supply imbalances continue.
You give people c rap because they predicted a higher future price after a rally and laugh at them for thinking it will go higher based on 2-3 days of movement. Yet, you predict another crash in WTI, but to $20 this time, based on a single day drop. Hypocritical???