look to sell USO,OIH, Crude Oil into tomorrows (Wed Apr 29)EIA report...here's why..

increasenow · Apr 29, 2008

look to sell USO,OIH, Crude Oil into tomorrows (Wed Apr 29)EIA report...here's why..

http://news.yahoo.com/fc/Business/Oil_and_Gas;_ylt=AnlvxhVp91uh9ILCmq59z22mW8kB

Really believe tomorrows EIA report shows overstock/supply of Crude...sell off begins...comments, thoughts?...also with Fed indicating focusing on inflation and no rate cut etc...Dollar stengthening, Gold tumbling...believe it is a huge short day for USA, OIH, CL tomorrow...thoughts?

increasenow · Apr 29, 2008

WOW!!!...note the Crude Oil reference below:

http://www.cbot.com/cbot/pub/cont_detail/0,3206,1033+55834,00.html

increasenow · Apr 29, 2008

we may never see $118 or $119 Oil price again...Never...

The Swordsman · Apr 29, 2008

we will see $200 oil at some point

Quote from increasenow:

we may never see $118 or $119 Oil price again...Never...

athlonmank8 · Apr 29, 2008

WOOOOOOOOOW Here comes $200.

That's crazy that there's no more oil left.

Thanks for the heads up. Your posts have helped me so much.

increasenow · Apr 29, 2008

I am so Crude Oil BEARISH going into tomorrows EIA 10:30AM report...

increasenow · Apr 30, 2008

this post has been confirmed...I hope you were SHORT USO, OIH or Crude Oil futures...anyone?

ssbc19 · Apr 30, 2008

I had a put position in the USO

increasenow · Apr 30, 2008

Quote from ssbc19:

I had a put position in the USO

awesome....great job!

increasenow · May 1, 2008

wow...confirmed again...today...may 1st...did you get in?