oil prices sold off a bit.
Traders wondered if it might be a breakthrough in the nuclear crisis. The Web was glowing with hope. It seems the whole world stopped momentarily.
But as it turns out, the letter is merely a rambling 18-page tirade about Iran's relationship with the West, the establishment of Israel and the failure of Western democracy. The nuclear standoff is barely mentioned.
Hopes of a breakthrough are dashed.
Right on cue, oil prices have held firmly above critical support levels this morning and now look like they're ready to take off again. So I'm now making some minor final adjustments in my next set of recommendations and putting them out this afternoon.
No guarantees. But these are LEAPS (long-term options) on select oil and gas companies that could spin off up to $69,239 in gains before commissions.
Iran's stalling tactic gives you a few extra hours to get in. But if you're interested, you have only a very short window to act: You'll have to call in before 2 pm
Eastern Time today (Tuesday, May 9).
posted by Karl Ortenburg @ 5:15 PM
4 Comments:
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