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April 15th, 2014 at 11:33 am
Wombat
It does seem like an interesting play; I may watch from the sidelines for next 1-2 months, but if I start to feel more comfortable with the pattern, I may incorporate it. I think there are limits to my understanding of the oil markets (which is why I better watch for a few rounds), but at least in my own head this trade makes sense. Here's hoping you'll touch $.50 or below 🙂