This morning as crude was down big after yesterday's big drop, which was the biggest decline since August last year, I bought the December contract. Below $58 crude should be bought. The contract traded down to $57.025 just after I got in. CNBC was talking about how OPEC can't be trusted, how the weather is not as cold as expected etc. In a remarkable turn-around crude is now trading at $58.7. Once again this strategy seems to be paying off.
I started scaling back in my Nordnet holding today as the stock was showing some strength.
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