Good point, probably so. I'm hesitant to bail on it if it starts to break down, for that very reason. So many situations could spike it. And Citi saying this week they think oil is going to $20, that's got to be BS.
$20 oil would crush too many economies, they'd never let it happen. Plus the US dollar would have to runup a lot more for oil to go that low and how much higher can the US$ go?
How about that supply is still increasing daily even though rig count drop. Its time to go in big when supply starts to slow. Inventory report tomorrow... look out below It dropped $6 last report
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