A million more ships to come, hardly stranded are you...There is violence to these moves, not just oil, its a change to see decisive, violent moves in the indexes...as if they were low volume bit plays....What's hiding in the shadows? Boo!
I have not seen 500K+ volume in CL as far as I can remember.Based on the last few days price action it seems to me that there are some large players selling crude oil.But then again what do I know.
rumours that a commodity hedge fund went under last few days......
EIT beat me to it, more details here... http://ftalphaville.ft.com/blog/2010/02/05/142766/bluegold-hedge-fund-denies-causing-wti-volatilty/
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