Oil collpased, but equities really have gone nowhere. Longer term, oil is a buy, but it seems they are doing some year-end dumping. If the weather forecast changes for early next year, they will pump it up again. Manwhile, there is cold weather moving in this weekend, so the selling here is overdone. Taking a scalp long on oil.
This entry was posted
on Friday, December 16, 2005 at 10:42 AM.
