Well that's a kick in the sacSome significant support levels have been breached over the past 2 days. I think I will be awaiting this OPEC announcement before I make any more agressive moves. Prior to the OPEC announcement in September this was trading in the 1.05 -1.10 range meaning this still has long way to fall if the OPEC meeting falls apart. That price scenario of course will be the big buying Op. However I think if this happens OPEC affect on Oil will be short term. Oil ran to $50 once this year already without any announcement of OPEC cuts.