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You Go First
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Posted 2/16/2016 06:49 (#5114920)
Subject: You Go First


Buxton ND
This kinda sounds like what's going on the crude oil, I'll cut,,, IF you cut. So far this has not happened whether its crude OR corn.
"Saudi Arabia, Russia, Qatar & Venezuela say they won't increase crude oil output above Jan levels if other major producers oil do likewise"

Think we just saw the high last night on this bounce to 31.53 (textbook techy bounce)
Spec money still way too long here @ 188k with the long side adding 45k in the last month only to be beaten by the margin call god's

Crude's tested $26 last month, last week so we'll see if it holds on the next go around. Been making a series of lower highs/lower lows since $100ish. We have already recorded the biggest drop in crude's in history. Crude has yet to even think about testing its 100 day since the July 4th crash and burn.

Then we had the tensions with Russia and who ever it was,,, was only good for a technical bounce.
Tensions of what kind in the sand counties again fail to sky rocket crude oil as was the case in years past*****
Crude has yet to even think about testing its 100 day since the July 4th crash and burn.
100 day SMA will be $40 shortly and what looks to be the high target for now once we put in "THE low"
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