Transocean Ltd. (RIG): Crude producers are just giving away mon...

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Transocean Ltd. (RIG)

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Monday, 01/12/2015 10:20:46 AM

Monday, January 12, 2015 10:20:46 AM

Crude producers are just giving away money in bluffing game. The question is: who's goona be the first to cave in and cut production?

Anyway, volume is high so it looks like we have the makings of a nice double bottom. Let's hope for a good bounce back later in the day.

What ever happens, I'm in for the long pull.

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