Oil!!!!!!!!!!!!!!! :> :> :> ;) ;) :d :d :d

classic short squeeze.

notice how back months didn't move so much? this is a squeeze. Dollar weakness responsible for maybe half of it (see the back months).
 
At end of the day when you see something like what we saw today you don't think ''i wonder whats causing this?'', you just act.. lol
 
Quote from ProfitTakgFool:

Drinks are on you tonight. Nice trading!
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lol

Cheers mate, if anyone else is near london your welcome to joing me drinking!! :D :p


You made anything from it mate??
 
Quote from Jayford:

classic short squeeze.

notice how back months didn't move so much? this is a squeeze. Dollar weakness responsible for maybe half of it (see the back months).
More...

Yep.
Just take a look at the short interest in October.

60,000
 
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