Oil down over 2% into the close of trading 2:30. This has always led to big rally in equity markets by the close. I'm putting on QLD, SSO, DDM trades and now will hold until close or negative 15 min signal. Only react by the close of the bar.
Beige book is the catalyst to kill oil. The economic numbers were worse than expected.
Wednesday, July 23, 2008
7/23T2:38 Day trade...
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