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.