I have a good feeling about this commodties blog and am adding it to my blogroll.
I have been out of touch (due to project bandwith) with commodities and treasuries but love those markets and have long invested with managed futures hedge funds.
I have been looking for a smart simple blog to help me stay in the loop.
Today he has a well thought out post on oil. I am biased because I am long USO. Either way, though, as with the news being out on stocks, the news is now out on oil. Bush could care less today about the price staying down.
Just an opinion.
Hi Howard,
“TRENDS – Find them, ride them and get off!”
Exactly! That’s why I don’t think the trend is your friend; a bit hard dumping a friend.
Use ’em and lose ’em :)
Thanks for the nice post/link!
But when it ceases to be a trend, it ceases to be your friend, making the dumping easier …