Oil lost some of the bid on an OPEC annoucement they might not cut production. This is supporting stocks at the open. On these kind of days (looks choppy), it is best to wait for reversal signals or clear direction. Trading the middle will just feed your broker and your frustration. The best trade might be a QM (oil) short.
This entry was posted
on Monday, January 30, 2006 at 6:29 AM.
