Ronbo,
I'm no guru - there is so much Oil sloshing around the world - and the economies that require it aren't looking too healthy.
But the US buck has reversed (temporarily?) - and drilling rig # count is collapsing - yada yada yada.... just looking at the chart leads me to believe that there will be further weakness - I could easily be wrong - but I don't think that we saw the bottom last week.
Where's Jacko?????