Oil dips, after bullish EIA.What's up with that?It's okay.It...

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    Oil dips, after bullish EIA.

    What's up with that?

    It's okay.

    It shows that speculators are nervous and skeptical about higher prices. They're selling because the market is not instantly doing what they want.

    But commercials have been buying the dips and are net long.

    Oil will rise. The draws are bullish.Specs will pile in at higher levels.
 
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