RE:RE:Decoupling?d_trump wrote: oil may be turning the corner.......we hung tough all week despite the big inventory build. Plenty of negative sentiment on demand but not backed up by any real data. Meanwhile falling supply data is real. The worst may be behind us....
People the low is in. classic pannick low right before oil was supposed to do nothing but overflow tanks and spill on the streets due to shoulder season,,,,,,then shoulder season will come, and it wont be so bad, people will start to look forward, and presto bull market. that's not to say we go straight up over the next 3-4 weeks, but the low is in. 15-20 by end of Jan 2016