it's a hard thing to visit a FORUM and post such as i did with this thread days ago. one then stands before his peers, all of whom he respects immensely regardless of whether their respective opinions reflect extremely adverse opinions or comments; some of which do at times border on indignation.

however, the market in question remains MUCH in question as we've entered a Holiday Week-end; and though price has descended as of Friday's close it definitely has NOT fallen out of the 'Third Bunk' so to speak. And, in light of all the fundamentals and what now looks like insurgent instability in Saudi country...EVERYTHING CAN CHANGE very quickly.

nevertheless, all trading involves HIGH RISK; and in the case of Crude Oil with margins somewhat excessive the RISK exists each day for potential MONEY LOSING moves against any/most/all SHORT positions.

that said, I stil think CRUDE is headed even lower...
and that's all i got to say about that market.

boog,
broker/educator/author/dishwasher/ and aspiring humorist.

"in life, it's not how FAST you run; or how HIGH you can jump...but rather how well you BOUNCE! "