Thursday 20 August 2009

Some thoughts on the course of… (Re-post)

important stuff like stocks and oil this week…

This week is Options Expirations Week. These weeks are traditionally extremely volatile for important securities like oil futures, and stock index futures.

Now the volatility in oil futures prices may belie an actual drive to push prices much higher to the 80’s level. No one really knows where prices will top out… But you already knew that of course. You did?

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