Traderfan I agree with your post, though many are posting I am some nut; but what occurred in last 1-2 weeks with NEP is not normal and was window dressing as you state.
Right now technically this thing is around 119% RSI/MACD and everyone posting it can only go higher are bilind stupid ot be blunt.... This STILL is not Exxon and my by far and my advice is NEVER FALL IN LOVE WITH A STOCK!!
Today may surprise many with anything oil-related after what happened yesterday.
National and global stockpiles are not in distress and this is the same thing we have been through over decades with winter weather and the world goes on. BIG problem here in USA at least, is less and less people working jobs that pay living wages and more and more on unemployment or simply giving up; and without consumer consumption (which costs $$$), there will be less and less demand and the market certainly is NOT being consumer driven and people need to keep this in the back of their minds- Someone in government / Wall Street is/are working as my CPA states to keep things positive as the truth is here in USA at least, the scenario is worse than ever as far as consumer wealth at all levels and falling continually. My area has over 20% unemployment here in NC. Banks are not loaning even to good credit customers. The govt numbers are NOT accurate and the truth is not being put out there 100% and EVERYONE needs to be very careful...
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