The Irony of Trading Oil for the Longest Time

Tamar Jacoby: I think you thought a lot of people that this might happen, right? This was kind of your scenario, but you just weren't getting any of the confirmation. That's why I wouldn't trade oil for the longest time because it wasn't doing anything exciting. You know, we kept failing at moving average resistance and backing right off the market. What's different this time is that it's totally different this time, right? We've got gasoline leading the market, crack spreads rallying again. Most importantly, for me, crude oil open interest is literally at the bottom of its historic range to worry about.