Well ECB raised rates ,job data poor as expected and DOW etched out a gain. With the US economy looking sick as a dog and the FEDS not able to do anything and ECB not willing to play not many options left for the US. My thoughs is that a temporary market rebound will occur by oil being playe dshort below $130 probaby not until it reaches $150 though and the market interpretung this as teh stimululs for a rebound. My thoughts only shoudl be interestinh how it plays out, however only viable option i see for the US ( I am assuming that they are manipulative enough to influence teh international oil spot market)
CMR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held