Here we go againThis is really getting tiresome. Up to the low 80's then a "sell-off" back into the 60's...rinse and repeat every few weeks. These are not classical characteristics of a demand and supply market but rather pure manipulation. Smoe folks are getting remarkably rich here. I find it curious how so many pundits are calling for $100.00 oil.......would be interesting to know if they are on the buy or sell here.
Next stop $67.00 then back to $81.00 ...sigh. For those of us who bought oil stocks when oil was in the mide-to-high 80's this is the nightmare of Groundhog day.
GLTA
Rusty