Oil rising from the depths

Oil was down $1.5 this morning several hours ago

Now only down 50 cents

Oil 37.08 -0.51 -1.36

such a steep and sudden rebound could constitute a double bottom from the lows made 3 weeks ago. Also energy and commodities have been hit this hardest in the past week ad deserve to rebound considering energy output has only fallen very little in the past 6 months but supply keeps getting cut.
 
Quote from stock_trad3r:

Yup right again..OIL surging Oil 43.88 4.85 12.43
I know pretty much everything about econ, finance, market history, stocks,

When I say time 2 buy it usually is.
Also I have written orginal mathematics in the topic of so called 'special functions', which I have contributed to wikipedia.

Oil 80 soon, and then 200

LOL
 
United States Oil Fund LP (ETF) United States Oil Fund LP (ETF) NYSE USO 31.77 +1.12 (3.65%) 575.04M
iPath S&P GSCI Crude Oil Total Return iPath S&P GSCI Crude Oil Total Return NYSE OIL 21.49 +0.83 (4.02%) 820.68M

oh yea..another good call..werd
 
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