DislikedThe report put out by the EIA is stating the drop in oil inventory is a result of delayed offloadings from crude oil tankers in the gulf.Ignored
That Is Another Reason to go beyond the headlines to find out the real facts behind the news release. It always happens as the experts or guessperts as I like to call them further analysize the report and put out new thoughts on it. The second look is usually much more accurate than the first news of the data. This can give you an edge if you can become aware of it like our Friend above just did. It explains why Oil resumed it's move down a little though there are other factors as well as Stops being Hit. Margin Calls. Taking of Profits. Intervention. Early PRE RELEASE of this DATA as they just stated now on CNBC.
Bruce
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