Oil recovers as fear subsides..Never traded today just back from NY. I was saying the last week of red will turn into a week of green seems right on schedule I had no doubt that the financial crises would be short-lived having to cycle around the globe and lasting only days not weeks because today is a recovery in fundamental as we watch the carcasses being bought up for pennies on the dollar and central banks are supportive no one needs a banking crash over a few who were weak to start with I to say farewell. Oil would have been over $70 today had the market not been waiting on the FED and regardless of what happens to Oil Wed recovery in Oil should follow as the focus turns to China which had a positive NR for demand, last week OPEC & IEA both confirmed that future demand stays intact other that no $100 Oil $90+ is my target unless some disaster happens affecting production could go higher. The great thing about the US is once the financial disaster has passed everyone forgets and moves on which is the true bullishness of the US. From what little I've looked at so far Oil might finish this week bullish. Back trading tomorrow!