shorted OIL, calling a top

Quote from pumpanddumper:

Oil short action today. I'm calling the top this time. No hurricanes to speak of, higher inventory at 10:30? Short ETF OIL?

If wrong, it goes to 77-78 a barrel. No worries, hold position. Last 3 years, oil has gone down from here into winter. Why do people always think oil will go to $100?
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Maybe it will. The calendar spreads are extremely bullish (versus last yr), and if OPEC doesn't move with policy, up we go.

Remember last yr? We peaked and NEVER reattempted a retest of highs. I think fundamentals are better here.
 
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