I am not taking risk on OIL.
Updated
I sold my UWTI at 21 ps.
I am not taking risk on OIL any more.
I don't think OPEC can have proper action after their stale meeting.
I want to see OIL push down to 36 from now.
I would not take a lot of money to trade that decline.
I am not taking risk on OIL any more.
I don't think OPEC can have proper action after their stale meeting.
I want to see OIL push down to 36 from now.
I would not take a lot of money to trade that decline.
Note
cnbc.com/2016/08/11/iea-cuts-oil-demand-forecast-as-economic-uncertainty-weighs.htmlI want to see OIL down to 36 in the next few weeks.
I am full position in gold miners and LABD shorting position.
I will not short OIL now.
I will long OIL when it reaches target price.
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