Well another day and on to some late week trading..

My portfolio took a nice bump up over night and am always looking for more..

One thing I did notice on my DD daily study was that Market regulators were looking at the number of future contracts that oil traders could hold..

They want to reduce the speculation in the oil market to help to stabilize the commodities markets,and the overall markets...

Only one barrel of oil in ten is ever delivered so the rest are speculative..which is a hugh chunk of cash moving around..

Gold and oil are tied into the commodities..

Oil is a strategic commodity ,as are most ,but oil is the biggie.

Putting a blanket on oil speculation is probably a good thing but markets are made by instability..stable markets are safe but boring and different money making market moves would have to be taken to make the big buck...

The consumer in me says....Great Move..!!

The speculator in me says .."Oh Crap"..!!!

So I'm out on this one but it is probably the best thing for the over all good of the economy and the hell with pigs like me...

We'll see what the day brings...May end up green again tonight..

Good trading..

Portee