OPEC sent wrong message to oil market
In case you wonder why I do so much hedging it's because the whole dam global market is a scam to the core. I'm glad I kept the long side of my USO OIL trade. Oil is up big now, I'm gonna just hang back. The stochastic on USO(OIL) is just at 20 and turning up. It's at the 8 day EMA as well. I want to see if USO (OIL) break it 8 day EMA before I do anything.
http://www.yomiuri.co.jp/dy/editorial/20071207TDY04305.htm
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