Entry: Oil inventories bullish Wednesday, November 21, 2007



S&P500 change since start 1/17/05:  +19.6%  My NAV change since start:  +167.9%

Oil inventories were a surprise on the bullish side.  Oil, however, was down a bit.

Gold was up, but silver was flat.

The last three days the metals have followed the vagaries of oil and the dollar very closely-and very wildly.  It's been very volatile.

Copper futures tumbled, though inventories actually dropped.  Maybe the same sort of psychological trading as happened in oil.

So far, so good.  I'm keeping my positions for now.

 

   1 comments

2012 Jordan pascher
April 13, 2012   03:58 AM PDT
 
It's so nice to have you do all of the research for us. It makes our decision making so much easier!! Thanks.,408512,http://adroit.blogdrive.com/archive/609.html

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