yup, still here, doing fine. I don't post so much these days, as I trade very little. Just happy with my BRK and some blue chips. Taking a flyer on FXE,posted that a few weeks ago, so far , so good, but its risky. see you are still battling the madrassa :-)
supply glut to some extent,but why ? Saudi's wont cut supply, despite OPEC opposition as they "owe" USA for bringing the war to ISIL, camouflaged by flying their own airforce on day 1 ,but haven't seen any action since. The bonus is, that it crashes the Russian economy, payback for Crimea.
it will end only when the impact to our smaller oil producers having to shut costly wells outweighs the benefits of cheap oil to the USA, and the general developed world economy.
Once again, we pay for cheap oil, in our military blood.
La plus ca change, la plus ca reste la meme chose......
I think I read in one of Lewis' books that over 80% of trading is accounted for by just a few major players,using computer algo's , so that would probably chime with your view.
The "non explanations" on oil prices falling and staying down are the ones that have me giggling the most.