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Started By
Message
re: BOIL has become predictable
Posted on 8/14/14 at 8:08 am to TigerBite
Posted on 8/14/14 at 8:08 am to TigerBite
I agree.
I also speculate about rig count. I don't believe this includes oil rigs taking out gas.
I'm curious about the reaction today. It sure seemed like yesterday institutional investors already knew which way the wind was blowing. Having said that, traders are fleeing the trade big time based on OI.
I also speculate about rig count. I don't believe this includes oil rigs taking out gas.
I'm curious about the reaction today. It sure seemed like yesterday institutional investors already knew which way the wind was blowing. Having said that, traders are fleeing the trade big time based on OI.
1
Posted on 8/14/14 at 8:36 am to Iowa Golfer
quote:
I also speculate about rig count. I don't believe this includes oil rigs taking out gas.
The associated gas has been a killer. It's amazing how much more efficient the rigs/completions have become.
Looks like little action until 9:30
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