Rough Weekend for Oil

[JPatrick]

More problems in Nigeria,  Iraq restless,  the Osama show part three brazillion, cold weather, and more to come all coupled with oil that some say got oversold last week. That points to a couple of bucks up and soon.  IMO.
Possibly a good time to throw some bucks at DESC, ABP, PXJ, XLE and ENG. 

 

[AltaRed]

Oil will be all over the map for the next few years primarily based on speculation of oil traders. Six Flags anyone?

 

[Spanky]

Natural resources and energy ETFs had a good day on Friday. It seems that Tuesday will also be a good day.

 

[Spanky]

Energy funds are making a big comeback. All we need now is more news about shortage, increased demand, social untest in the oil producing nations, terrorist attack, aliean invasion, etc.