I just sold off and what they do finally do? Strike a settlement.
Great timing for me? I was tired of watching it drop.
If it continues to build into the 42's I will get back in.
That was one of the reasons I bailed, no settlement.
However, with Brazil and Iraq announcing they are going to cut back- there could be another slightly bullish market on horizon which could take BP up in PPS.
Watch this turn out to be a bottom- long overdue for correction to green side and long overdue on settlement.