Well, idk. I only try to bring some reality to the issue of oil. Some people are perpetually bullish on it, but it goes up, it goes down again.
That's not to say they are "pumpers" so much as they are problem gamblers? I'm not sure naked derivatives trading is a very safe investment.
All I'm saying here is this:
Obviously chk correlates somewhat with oil, and it is for fundamental reasons. Not difficult to figure out.
And, apparently, oil does not always go up because some people think it should. Oil price is influenced by many factors. It is good to understand them if you are going to trade on them.
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