Oil Everybody and their dog is SHORT oil

WTI Sinks 14% in Two Days 

Oil tumbled to a four-year low

Algo traders, high  frequency cocaine addicts. and candle stick assholes, which tend to exacerbate price swings, switched to 73% short in WTI, compared with 9% short in  just one day

Such a dramatic shift in positioning has only ever occurred in the event of a major economic meltdown,

 

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