XSO 1.85% 2,925.7 s&p/asx small ordinaries

The Brains Trust, page-1578

  1. cha
    5,816 Posts.
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    http://www.reuters.com/article/us-usa-crude-funds-analysis-idUSKBN1650YU

    backwardation and contango. 2 terms which i love the sound of. i think it means just another way for stock market to be fleeced. this time on oil. with oilers pulling back today i wondered the reason. then found this article. perhaps i read too much. so will we see a run up on oil at last or is the sell down justified. will find out by next week

    my feeling is they will run but it is a long and winding road
    oil was supposed to run out in 2020. i am just glad i do not trade currencies or commods.
 
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