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Futures and Options Trader Staff
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Futures Insight: Outside days in crude oil
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FOT-August 2008-2
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Outside bars are sometimes followed by interesting moves in the oil market.
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Detailed Description
Crude oil’s July meltdown — approximately 18 percent in 10 days — may have scared many "crude bugs" out of the market, but it would take many such moves over many more years to change a simple fact: Crude oil has, in recent history, an upside bias.
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