GAZA about to rip wide open.
A few catalysts :
Market needs snap back before XMAS, cold weather continues, and above all else, Middle East will explode thru the weekend. All the catalysts are in place for the squeeze except the fiscal cliff impasse. Oil stocks hammered today despite oil and gas both being up and the killing in Gaza. Traders are frozen stiff. Now is the tiem to step in. The escalation of the Middle East has ALWAYS been the catalyst of oil spikes. But I expect Progress deal to be announced in next two weeks . All of the above should see massive reversal. Hold a diversified basket, XEG is safest way to play a rebound.