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Re: Tinkerer post# 28

Thursday, 11/21/2013 1:50:28 PM

Thursday, November 21, 2013 1:50:28 PM

Post# of 46
Interesting move in oil today.

Seasonally, oil plays are not good in the North American winter months. Better off in early spring.

Not sure if this is a sort of delayed reaction to Yellin's remarks.

I will admit that it looked tasty when it went below the 52 week low.

But, that has happened across the sector. Today might just be a sort of head fake.

Because of the fact that oil usually sees weakness I am kind of on the sidelines.

I speak here as a trader. As a longer-term investor, it could be an opportunity, but I am looking at other plays for investing.