two weeks before 9-11 happened, some w4nk3rs loaded hell bunch of PUT options on all 4 indices, an enormous bunch of puts that made Soros' 2bil SPY PUT options looks like fine sands from the seashore.

I think the Saudi wants to bankrupt mostly small oil producers first.. because their cost is higher.
Then, they will expand their market share and jack price up later.

I think Malaysia is very vulnerable here... let see how the govt will react.

Not yet.... still within 76-79 range meh
We need to see Oil gets back above $80 for downtrend to break.

If break 75... then, we will see 70-75 the new range.. then something is wrong.
The world is flushed with oil.. no one wants to buy.

Maybe they need to blow up more pipes or start a new war somewhere. 

facebook engine is running again

on the other hand, oil stock really kena bash down left and right
really oil price can go so low meh?
is it oil is pumping out of the earth like the fountain>?

Bears gone back to sleep. Bulls are out to play again.. 

Oil got over $60.. therefore attracted more bulls. Just technical push.. nothing fundamentals. They wanted to push this to $65. Still lots of supply in the market.

Energy index (XLE) seems to be pulling back overnight - I think it just wants to follow the general market. Profit taking perhaps but the 50ma (around 79) should act as good support.

Who knows..the MMs could be trying to create a bull trap for us.  Cautiously optimistic.. 

EIA says inventory down.. so it is bullish for oil for this week.
XLE holding steady so far...

FXI needs to dive more towards the 50ma line.. big gap needs to be filled.
China stocks have virtually double since last year. Need more pull back..

Aunty Yellen said US equities value are high..opps sounds like that's sell signal to me
We haven't seen a 5-10% pull back for a while.. so it I think it's time.

Holding cash right now. Go ahead and let more bears out!