RE:RE:Bear Trap Was Set TodayIf those fools in New York understood anything about oil, they never would have brought up the price and this would still be languishing around $ 7.
I was playing this today for trades, but it is going to be a lot more difficult even to squeeze out a few pennies, so I will probably stay away.
I still think oil is going down lower and will stay low for sometime, but keep burning my fingers shorting oil, so I am staying away.