RE:RE:not moving with oil ?Moemoney42 wrote: Yes odd trading lately BP... it will be interesting what happens after Dec. 29th... WTI over $48.50 and no buyers..??? Somethings gonna break and I think it could be like a coiled spring upwards when tax loss selling is done.. could be a lot of retails also taking profits from the latest upwards momentum..?? Puzzling.. :-l
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well... still takes 30 days after 29th before those late traders can re-buy... but could be we had alot sold at a bigger tax loss 30 days ago so that whole crew may jump on board.... it seems when we get to these certain levels it stalls.... I really also think there comes a point as we stair climb .. those swaps and collars really come into play... ??