CL Redux

Quote from NoDoji:

I don't know, but it was a NYMEX open double bottom S zone.

Also, this is CL. Ask yourself, what's the craziest thing you'd expect it to do and it will likely do just that.

My broken crystal ball sez 103.30-ish by sometime tomorrow. :eek:

(Don't shoot me, I'm just a messenger.)
 
Quote from bighog:

Sal, thks for allowing me to interupt your fine thread.

magna, gets on my case , .. HA

I have no faith in this ES , light lunch bunch volume. probably down later.

Not a problem. Welcome aboard the over-caffeinated express. :)
 
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China records $7.3bn trade deficit


China’s trade balance swung to a deficit of $7.3bn in February as exports slowed during the Lunar New Year holidays.

Although China is often criticised by US politicians for running a large trade surplus, this is the second time in the past 12 months that Chinese data have revealed imports outstripping exports. As the world’s largest consumer of commodities, China’s imports have ballooned in value as prices for raw materials rise.

High prices of commodities such as iron ore and oil – which together accounted for more than $21bn of China’s imports last month – also play a big role in tipping the trade balance toward imports. In terms of volume, China’s imports of these commodities were relatively weak in February, but in value terms the imports still soared.

http://www.ft.com/cms/s/0/5656adf0-4aec-11e0-911b-00144feab49a.html?ftcamp=rss#axzz1GDjedceI
 
Quote from EON Kid:

China records $7.3bn trade deficit


China’s trade balance swung to a deficit of $7.3bn in February as exports slowed during the Lunar New Year holidays.

Although China is often criticised by US politicians for running a large trade surplus, this is the second time in the past 12 months that Chinese data have revealed imports outstripping exports. As the world’s largest consumer of commodities, China’s imports have ballooned in value as prices for raw materials rise.

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so, China's becoming another US already? that was fast. :p
 
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