Who could have seen this coming? In lesson 101, [4] we 'taught' the HFT idiots that you "Sell API, and Buy DOE Inventories." In lesson 102, [5] we 'taught' the HFT idiots that you then "Sell the DOE Rip." Today, we finish with a big "told you so dance" as we 'taught' the HFT idiots yesterday, no matter what WTI will ramp insanely into the Friday NYMEX close after rig count data. Next we get the insta-dump...
Seriously!!!!
[6]
This ends the 7-month losing streak for WTI...
[7]
Charts: Bloomberg
