20080603 Well, we are almost to the target of US121 per barrel of Light Sweet Crude Oil futures. So much for the over exuberant "It's going to the moon" bulls. However, this is the corrective phase in reality for the bull market, but just can't resist the stab at the raging bulls. There is more than one way to trade volative markets, rather than just be long only.

Crude Oil futures chart