Oil Crashes on Market Turmoil

Sunday, October 11, 2009

Oil is down sharply today in line with the stock market and all other risky assets. Even Gold is down today.

Is this a capitulation type of selling? Is this a final climax selling? We will find out soon.

I recall Rockfeller`s words, "the time to buy is when blood is running on the street".

Oil Traders Blog is a website for active online oil futures traders. We provide research and relevant oil and energy related news for the oil trader or daytrader.


Post a Comment