GREY:WFREF - Post by User
Post by
Ahkenahmed2on Apr 16, 2015 6:27pm
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Post# 23638377
large shorts have made their money and are mostly out ..
large shorts have made their money and are mostly out ..However some have re-cycled their positions. Retail shorts keep looking at the local markets and sipping MSM narrative about the "oil glut" and Cushing this and Cushing that, ..
meanwhile ..
the ball:
https://hosted.ap.org/dynamic/stories/M/ML_YEMEN?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2015-04-16-11-06-53
Keeping in mind that there really is NO DEAL with IRAN, the country whose citizens were shouting "Death to America" a day after the supposed deal was signed ... How suddenly would the glut be required to be preserved if the house of Saud falls ... ?
Add to this the now elapsed required time to measure the reduction of rigs and overall domestic output ..