Think Again! Earlier today I've made a comment about SHORTING The Over Supply. https://lnkd.in/dEF2tGa
But what is the flip side of this coin? Here NOW is we see an increasing Number of OIL
Rigs popping up and taking place http://mag.quintessencemarket.com/oil-global-economy-03-08-2016
. So the question is: Why would you put more Oil
rigs into service if you are expecting an oversupply and demand drop VS. Increased Competition? Gang - Traders Please stay objective and technical in nature and Don't get caught in the mixed bag of Fundamental NUTS. We have a possible LONG Trade setting up Here on the Horizon. Stay Tuned !