I have my own conspiracy theory on oil's drop. Crude's price fall started in June, but the real correction didn't start until end of Sept AFTER Kerry visited the Saudis. So did Washington use the Saudis to drive the price down to get back at Putin and his friends for trading oil outside the petrodollar system? The Saudi prince shorts oil through Citi, the Saudis drive the price down, but are hedged so the loss is nil to them (in fact if the short is properly leveraged they could be making money on it) and Washington gets it's wish to put the squeeze on Putin. Seems a bit much to think this is all just coincidence. Link back for the rest of the story.
Trading/investing without chart analysis is like bringing a knife to a gunfight.
