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Does it? I've never seen much value in those kinds of japanese candlestick patterns in an intraday context. They need a real open and a real close, a time when the rice merchants have to actually close shop and go home with existing positions. one day candles can tell me something, weekly...

What I keep hearing is a glut of heavy/sour crude and an increasing shortage of light/sweet. Most of the recent Saudi supply increases are HS and they are having a hard time unloading it. They are tapped out on LS and may be on the right side of the Hubbert peak already. How to play that...

Why wouldn'ty they? Or at least who could really stop them? Even aside from them - Nasrallah, Khamenei, Ahmadinejad , Kim Jong Il all have "material inside information" and I can't imagine who could really be expected to stop them from acting on it. Cheney would do it in a heartbeat, but he...