RE:RE:Cover Your ShortsCiti Bank just released its forecast today and it calls for ever increasing surpluses of oil startin in early Q2...Conocco also came out in the quarterly saying the majors have really cranked up production lately and is worried were in for a signifiant decline..finally USO is extremely overbought with an RSI close to 80..put all this together and im hedging a good portion...only wild card is if Russia conflict magnifies and Putin decides he wants to teach the west a lesson using oil...although that would just shoot him in the foot as well mid term....crazy times...be wary