Still holding.... almost puke out.
Near closing time, hasn't gone back to $40 yet but at least bounced off the lows. 

But, only 3 more days to go.
Hopefully, it will stay here or bounce back up a little.

You know, that latest inventory report makes no sense.

The financial writers were just making up stories of strange behavior of oil prices (plunges, then rally) and try to link it to the opposite direction of what is supposedly still a very bearish news for oil.

But, I think it is good for us who are more technical analysts/readers than fundamentalists.  It's basically oversold condition at the lower side of the range already.  Must bounce back to 40-41, and hopefully it can continue to claw itself back to 44-45, we will play bear again. 

As crazy as it may sound.. I think Crude wants to visit that 44-45 level again despite lack-luster view that yet-another-potential OPEC meeting may or may not translate into any action plan.

^VIX is below 12 again... all is the calm. Perhaps time to buy some protection.
Let see how high the general market will go for the next few trading sessions before bears prowling again.

Just waiting game for now..   

Yes, it has been quite long. The truth is the real bear (a drop of 20% or more from the highs)
have been missing for the last 4 years.

The worst case was just a correction of 13% from November to February, and the market
now higher than last November highs.

Corporate earnings for past 2 quarters are sub-par and earnings growth been diminishing.

The market is rigged because the central banks (US Fed, BoJ, BoE, BoC, EU etc.) have been supporting this market for long time. If they don't interfere, I think we would have seen the bear market already. 

ok, tmrw... 40?

Arghh..Nooooo!!!  Better hold here (41.50'ish).     

Just two more days..