The oil contago is down to $2.79 versus $5.85 in February; meaning the incentive for speculators to store oil is almost gone. And just so I don't get whacked with a DMCA, if you have an interest in The Gartman Letter, you can get it here.
Gartman_032410 -
So HAG is down 10% since March 09 and global markets are up gazillion. I would rather listen to Dennis Rodman
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