GREY:MKRYF - Post by User
Comment by
Sparkletoothon Feb 12, 2015 3:12pm
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Post# 23423476
RE:Crude Oil Price Action - Divergence
RE:Crude Oil Price Action - Divergence
If the oil price crash had, for example, nothing to do with supply & demand, and everything to do with "sanctioning" Russia, then peace in the Ukraine is bullish for us, counter-intuitively. The bulls were tripping over themselves to go long oil in the spring of 2009, and we might just see the same thing this year for entirely different reasons. Generally speaking, oil shorts have been punished nine times out of ten.