One more quick blog on $57.50 BBL
This is a quick note that oil lifted to a little over $60 BBL and now dropped again to $57.70 BBL proving crude oil to drop lower. Today though natural energy oil stocks actually lifted up but I feel it was more of a sell-off then a move up. I guess we will see. Oil has been up 1-2pts then down 1-2pts. If I didn’t have a real full-time job right now I would definitely been playing calls and puts this week making $.50-1.00 like on my OIH and SWN trades. OIH seems very good to trade up and down on. Thats it.
This entry was posted on October 13, 2006 by Paul. It was filed under stocks, trading stock options .
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