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| quote: | Originally posted by DJ_Lord
Groundhog Boy,
As you can see from the chart below, the bears pushed the contract lower for 10 consecutive weeks between July and September until the price was able to find support near $1.45 at the end of September. Now that the price is starting to consolidate around the support, we'd expect the energy bulls to start stepping back in, sending the price higher over the coming weeks.
Looks like party is over!  |
So I'm assuming your on board with the article I posted at the top of page 2 about the failures of the hedge fund speculation regarding the hurricane season and the annual supply-demand argument I made. You aren't on board with the election year price fixing arguments most people are making and that I could see validity for considering, in addition to the actual market forces most people would like to ignore, though.
By the way, what do all of the different colored lines represent, since there's no legend.
___________________
"Go back to bed america your government is in control
Here's American Gladiators, here is 56 channels of it,
Watch these picturary retards bang their fuckin' skulls together and congratulate you on living in the land of freedom,
Here you go America you are free to do as we tell you
We want your soul
Your cash, your house, your phone, your cash, your house, your life" -Adam Freeland - We Want Your Soul
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