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sweet crude

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sweet crude

Re: SeaOhToo post# 359

Tuesday, 09/15/2015 7:20:32 AM

Tuesday, September 15, 2015 7:20:32 AM

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Acquisitions will signal bottom is in

Watch for any news of larger oil players buying up smaller distress producers. The larger guys will not wait for bottom, but will start buying right BEFORE bottom is made.

Problem is once this signal is hit small oil plays like FPP will go bonke
rs on both sector buying AND short covering. These are always hard to time but watch for news of acquisitions in sector and jump in full boat

Have a great low float, or killer chart to share with our group of traders?
Post it up on my new board!

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