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The problem with market participants today is that they become too bearish when indications appear bad and too bullish when indications appear good. For example on July 5th you couldn`t give crude oil away for $71 a barrel, and one month later, you couldn`t get anybody to sell it for $82.70 a barrel either. And the odd paradox of oil trading is that this is exactly what you should have been doing as a market participant. (more)
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