The Markets...What a wild week so far...trying to take some vacation but I f*cking can't with the action so far.
My general sense is OPEC is trying to stop the market from getting too frothy and going over 80 dollars...not in OPEC s best interest to have oil too crazy.
So I personally am not worried about an OPEC breakup which I think has sppoked some investors today.
I bought heavily today in OBE and Cj and it was getting nuts.
Started buying at 4.68 all way down to 4.45. Really don't have fear right now.
Think also OBE traders were trying to margin call people with the final downward push.
I sold IPCO on Tuesday at high so no flush out for me in OBE.
GL all and let's hope for a nice oil inventory report.