RE:RE:RE:$100 Oil BetsIt is a little baffling tis true. Oil is at a multi year high like a 7 year high. The short postion as a whole on the energy sector are down so far this month from last month. I have found info that a few smaller funds have dropped postions up to 80% totalling a wopping 20k in shares. Profit taking at this point seems silly to me but alas i am just a lowly commercial investor. As of the 31st of dec cpg is still a 9.31% holding of Nine Point Energy fund so ya who knows. If it drops below 8 I will beg borrow and steal to buy more. Near as I can tell it is panic in the streets over a fed increase of rates in the states at the moment which also eludes my understanding as the debt they have is locked in. Unless everyone in the know sees another housing bubble burst coming down the pipe.