Friday, January 04, 2008

Lone trader caused 100 dollar price for oil - Yahoo! News

Lone trader caused 100 dollar price for oil - Yahoo! News

It feels incredible that in this day and age a lone trader can move a market so far and generate so much news globally as this guy did in making oil cross that magical $100/barrel mark. The crazy thing is that it's just psychological - there's no REAL value in that trade yet it created a big buzz around the world. Guess he was able to do what he set out to do and get a little famous....thanks Mr. Warhol