Quote from Blubaru_555:
what price levels are you guys looking to get into oil today?
if it goes above 45.00 again, i'm going to try a short with a tight stop.
edit: looks like i mighta missed it.
Aloha mate, i want to see 46.86 before id sell, especially with opec cut coming.
Or would like a buy around 40.26 or lower.
Im looking closely at the libor rate though, as after months of being low after hitting 6% when we had the credit crunch in october,
its now back on the rise.
And so its very likely that we have a 2nd credit crunch on the way in the next few weeks t months.