Light Crude Pop

China’s stimulus package has helped oil up to above $65. I didn’t get to buy more because I thought it may move lower before it moves higher. I started to pickup a few contracts here and there when light crude traded just above $60 last Wednesday hoping it may move lower before I jump in [...]

Bought some crude oil

Crude is at 67 and change. Maybe a bit over shot to the down side during New York section. Pack up a few Jan’09 futures contracts and hoping to make a few quick bucks.