SPDR S&P 500 (SPY)

[USDollar]

while Oil might not have bottomed yet, the chances for a bottom are pretty elevated

At these low prices a dollar drop in oil is significant on percentages, and Oil do tend to be volatile and is pretty near lows that can be, so this combination makes for pretty amazing trading opportunities

Imo it's a bad time to be hardened bear on Oil, it's not like it's 120

I bet the neocons and the corrupt media will shower us with reasons to be bearish on oil just as themselves load at the bottom

But for us, traders that is, I think trading it from long side and be cash on weakness will pan out great trades, and that's what I plan doing