RE: RE: RE: Holding HOD Over Weekend?We're overdue for a serious rally in crude but I'm not betting on it; in fact, I still have a few HOD left; should have sold 'em earlier, I know, just didn't...and that might get to be expensive.
What was that last run to $40, anyway? Short covering? Conversion to April? yankerss trying to corner the market and trap specboy short?
We might see $45 crude oil next week based on nothing. I can't think of any fundamental reason other than possible relative weakness in the dollar. The problem with that theory is that it should have happened months ago and didn't. I guess what it comes down to is, if the US economy gets sick, the rest of the world goes comatose. What other currency is there to hide in?