Zeev's Turnips Patch-No Politics (ZEEV)

[gtober]

TM2, it looks like the spread idea is only useful in a bear phase with crude, where it is much easier to lean on weaker hands looking to flip. Maybe in the bull phase one could sell the spread. I don't know. I'll have to think about it a bit. It could be any number of things, not the least of which the OPEC meeting coming up this weekend (?). That will likely bring another production cut.