3 Jan OIL at 100 now. USD to 1.7000 ?

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I have my subscribers complaining, why am I giving out so many free signals. I told them that my subscribers got the signals way before anybody else, hence able to lock in positions much earlier and maximise the gain, or advoid making the wrong trade.

By the time, I post the chart here, the move is almost half way through. and when I post it in other forums, it is already 3/4 way through. And if they follow when the move is about to complete, their stops would be taken in a retracement. Hence the Right Signal at the Right Time is most crucial. There are hundreds on free signals on the internet, but can you trade on them ?

Afterall, I do show Tender Loving Care (TLC) to my subscribers.

Now Oil has touched 100 USD. Now what is the deal ? The OPEC and Russia etc are wary of America stockpiling the strategic oil reserve.

The OPEC hence refuses to increase production, hence Oil would not see any downside soon.

The strategic oil reserve also hold the key to supporting the Equities. Once US announces the release of oil reserve, Oil would drop and Equities would bounce. Probably Gold would drop as well as a retracement.

Now all factors are converging, Oil, USD, Equities, Commodities. As FED has lost its means to control the markets thru interest rates. US has to device another tool.
(FED uses the Interest Rate tool to save the neck of some mortgage and banking hotshots, and the Interest Rate tool has lost its credibility. Even if FED cuts to 3% tomorrow, the markets would just give a knee jerk reaction. Hence for that matter, the US currencies is worth even lesser than what it is now. Perhaps in the region of 1.7 to a Euro based on the measurement of TRUST).

However this is a flaw in this scheme of things. US has just handed the trigger of the gun to the Iranians and the radicals. Now Iran and radicals have a larger influence on world economy. With a Homuz blockade, or blowup of pipeline, hijack of oil rigs, kidnap of oil workers, all these events would now pull the strings of world Equities.

What a shame, US, FOMC has just surrendered the world to the radicals. How sad.

Update 11:35pm ET 2 Jan
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In Asia market time, one of the broker keep pumping out news of European market fall, European growth concern, (likely to agitate the Asians into selling Euros)

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