Originally Posted by
Buck Rogers
So, should I be buying oil futures on the CME? The Mar 27 CL contract (CLH7) can be had for $74. Back up the dump truck....it's like taking candy from a baby especially if this is only gonna get worse and take years to recover. What fools those commodity traders are!
There are a whole lot of analysts who are scratching their heads right now at the way markets are reacting. I claim no expertise in commodities, but I imagine things will change rather quickly when reality sets in. Again, sincerely hope I’m wrong.