Paul Reid

Down we go .Eight dollar drop in a month for the dollar could start profit taking and pull crude lower.Factory orders down,a negative jobnumber may show slowing economy and pull crude lower.All catalyst for higher oil are priced in until Sunday evening.

Not much reaction from crude thisafternoon as it stood up 70 - 86 cents while the dollar fell another.30%. Tells me this up move may not have much conviction.Especially if there's some profit taking from the fallen dollar.

Crude just sits there between up 70 - 85 cents while the dollar gets destroyed. It looks like a weak rally and any dollar retracement would probably put crude in the red.

Fed wants lower inflation. Biden wants lower oil, gasoline.Governments usually get thier way.

Dollar down .44% crude down 2 cents. Wait till the dollar recovers some after a 1.5% drop so far today. Oil looks nervous at this time. If dollar recovers ,oil should correct.

80.49 short. Jan.

Long 80.75Exited short for 330 loss. Draw was larger on report.

80.51 short on dollar strength.

78.79 long sold for 182 points.

78.79 short covered 80.61.I'll wait for next entry.

Meant I got long 78.97

Dollar down ,Hang Seng up ,Big Draw - Let's rally into morning!

Short 78.97 That crude draw is not sustainable- WE go higher.

78.30 out plus 280.

Dollar is rolling over after being upnow down .17%China is the news for bull and bear.Today its the bulls turn.

79.09 Long Looks like China to lift some curbs Nov 29.

Cover short loss 270, flat.

Short 78.56 after 240 points longlast night. Dollar at overnight high.

Don't short this. Market sentiment changed during the day from bear to bull as oil withstood rising dollarfalling S.P. ,Bear trap for shorts.we go higher into tomorrow for 80.

Going to 80.

Take off. We may have a nice rally on our hands. Retormed bear !

CRUDE strong today despite dollar up .70% and S.P. DOWN 70 points.I think a technical rally along withopec cut rumors are why to long.

77.49 bought a call

Hard to figure market in 2nd half today. Crude held up well against a rising dollar. The bias might be up.

76.95 short on dollar rally.