Well, here we are on OPEX day and it’s a total brawl in the market. Tight range, lots o volume. Still, it’s up over 10% from the absolute mid day low it hit the other day. I’m still hoping for a rally to 10,200 or 1060 on the S&P.
OPEC always cheats. Russia is huring like crazy for cash. Chavez needs to keep volume up as well. Oil in the $70’s could last a while. Especially since the US$ is gaining power.
