It’s Time to Short Oil: CNBC’s Debating $300 Oil

It’s Time to Short Oil: CNBC’s Debating $300 Oil

When CNBC starts asking if oil will hit $300 anytime soon, that probably means we’ve got a short term top in place.

In fairness to Kevin Kerr – I think very highly of his commodity insights, and this interview is worth watching…his points are all good ones.  
However if you’re contrarian trading against CNBC – usually a profitable strategy – that would indicate oil is a short here in the near term.


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