I realize that we continue to get battered with all the $100 oil opinions, but I continue to stick
with my assessment that the petro complex is in the process of a long term top and the next major move will be DOWN!!
Take a look at the C.O.T. Data:
Big Money is Selling, Selling, Selling
Fund Money are Huge Buyers
Small Traders are Huge Buyers
This all adds up to lower crude oil prices.
Thursday, July 19, 2007
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