Should we short oil today?

[Klause]

I think we may have fireworks



Only 60% in support of a short... go for it or not?

[SASKFARMER3]

One more leg lower then look out, is my guess

[ado089]

I went long yesterday. There was a big draw on crude today but a huge build in fuel. Not good for demand but is suspect oil will get a bit of a boost from equity markets for a couple of days. I just doing in and outs with leveraged etf's looking for quick 6-7% moves. They tend to carry some momentum so if you buy them on the contrary you'll pick up a percent or two just on the change in direction. Set stops and don't stay in longer than a week, be mindful of when they roll.

[phoenix64]

Waitin for more blood in the streets.....then goin long on the drillers and few shale producers

[ALLFARMER]

Think oil going lower. Dec 25 converted Canadian to us. (1.625) bought VTI a us etf the buck is now 1.182 only problem is santa claus rally didn't happen and the etf got hit a bit on this correction.

[ALLFARMER]

Woops was 1.1625

Avoid the keyboard Rambo's