OIL..is it over? Yet?
July 27, 2008 – 10:58 pmLet’s have a quick look at USO ( United States oil Fund, ETF) and spot Oil price. I am not sure if people start talking about the bull run is over. Well, not yet. Uhm…I am not convinced, yet. This implies, the recent strength of Dollar might be short lived? There is another theme calling commodity run is over. I am not surprised to see these two theories now. Pickin’ top and bottom is just part of human nature.
For a short term trader like me? I am waiting 
Here is the ….CHART!
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Tags: ETF, FX, OIL, Trading Journal, USO
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