I think there will be a real celebration on Memorial day with lower crude price compare to today(go to below link and it shows traders who went long are exiting now) and as per talks going around CL will go down heavily in next week may be upto 114 zone,here is the link worth to read from bloomberg.If we trade or not is a different topic but all nations are eager to see Crude corrects down from current level.
--- On Wed, 5/21/08, tpmods <tpmods@xxxxxxxxx> wrote:
From: tpmods <tpmods@xxxxxxxxx> Subject: [RT] All short term projections are failing in CL To: realtraders@xxxxxxxxxxxxxxx Date: Wednesday, May 21, 2008, 11:49 PM
This sometime forces to belive that funda matters rule over Tech!