mydogfritz, they are possible facts.But at what price do these...

mydogfritz, they are possible facts.

But at what price do these facts become baked in?

$10?
$100?
$1,000?
$1,000,000?

Anyone can offer up these "facts" as a reason for oil to go higher if oil rallied to a price of $1,000,000b on Monday.

These facts are not useful and when used as part of a justification for a trade it becomes an excuse in support of a opinion.

Once again, if you have no opinion and just follow the market you avoid all these pitfalls, free up time and make money because of it.