Thursday, February 8, 2007

Crude Whipsaw

After riding a short down play down from $59 to below $58, I got stopped out at just above $58 as crude reversed course today. I've since jumped back on the long side again. Crude is coming to within striking distance of $60 and nat gas approaches $8. Longer range NWS forecast is calling for below normal temps through Feb 21.

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