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Wednesday, June 19, 2013

Oil Appears to Be Stalling

I have closed my long oil position.  It increased nicely this morning, but it was on low volume, and it has since backed off.  The Fed today could mean some crazy price action for many markets today.

I closed it for a small profit.

This is not a recommendation to sell oil, or to close an open position.  It is for informational purposes, and is personal reference. 

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