RE:RE:RE:RE:Why is VRN dropping more than usual today?As mentioned already.. the majority of the drop today was ex-dividend day.. that said.. it was good to see a strong close for crude.. the deciding factor to whether or not we see follow through into year end, is if we can bust through that $72-$72.50 range..
Seems that's where the pull back exists for a few months now.. it seems the "traders" are happy with that narrow band and are willing to accept smaller rallies and pull backs to make $$.. remember, a trader can't make money on a stagnant market.. but I'd love to see a break out before year end and maybe burn some shorts taking advantage of tax loss selling..?? ;-)