Crude Oil Primed for up day on 12-6-06

And of course there's no way that this inventory number could be completely irrelevant.

Especially in December.

Especially with bonuses on the line.

Especially with nice fund gains to be defended.

No, it's the government!
 
Quote from myminitrading:

Survey says!!!!!!... you know I dont care how the data comes in, the US stock market will love it,. above below wont really matter.

But more than likely it will be just right, just what the survey says.

what newsfeed is that screen from?
 
IMO daily crude chart is still very bearish. Most bottoms are a short, sharp spike down - capitulation.

We have not see that. Only a down leg, consolidation, then an impulsive bouce off lows, did not make new highs....where's the capitulation bottom? :confused:
 
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