It gets cold. Winters are cold, it's not a surprise. We had such a mild November we'd need it to be 15 to 18 degrees below normal for the rest of the month to get the degree days we had last year, and that's not going to happen.
More Quotes from Nauman Barakat:
For the time being it's put a top on the market. It'll be difficult to trade above 30 in the short term. Longer term, the jury is still out.Nauman Barakat
It looks like some of them are coming back a lot quicker than some of us thought.
Nauman Barakat
The fear is as we get close to 50, OPEC may step in. 50 is a number that will be difficult to break on the downside,
Nauman Barakat
The question is, is this a short-lived phenomenon If you get another big draw in gasoline tomorrow, this sell-off could be a one-day miracle.
Nauman Barakat
Typically when the dentists and doctors enter the market, you've probably seen the high or low of the move, perhaps the end of the bull cycle. Where have they been for the last three years
Nauman Barakat
The market has been up so sharply, it would be a prudent time to put money in the bank and then reposition,
Nauman Barakat
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