Is the Bottom In For Crude Oil?

Posted by Gold Trading on Jan 22nd, 2009 and filed under Crude Oil. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

On January 19, 2009, Morgan Stanley joined a rapidly growing fleet of big-name banks that have traded mortgage loans for oil liners. Idea being: Buy in bulk now, while oil prices stand at a five-year low, AND sell later this year, when a supposed “perfect storm” of fundamentals reignites a bull run in crude.

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Is the Bottom In For Crude Oil?

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