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Respect for pennies

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Respect for pennies

Re: kamakiri post# 36640

Friday, 05/13/2016 11:39:22 AM

Friday, May 13, 2016 11:39:22 AM

Post# of 41155
Baker Hughes U.S. Rig Count at 1:05 today

Might make for a good scalp long or short based on the number.

My favorite is when CNBC will put "Oil up as rig count is down 7" and oil gets a quick pop but expectations were 12 so the news is actually neg and the headlines update and oil goes back down...

or, "Oil struggles as rig count is only down 7" but expectations were 4.

You get what I'm getting at!

Let's see if this theory holds up today.
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