Icahn, Singer Note 93 Million Barrel Thin Blue Line in OilMark Melin
Carl Icahn is from the old school of trading. Not only did he recently endure significant pain on a three year euro trade, exhibiting the stick with a trend until it turns positive attitude of Boston Red Sox owner and trend follower John Henry, but Icahn knows that when the oil market stretches this far in price, this fast, it’s likely to create a mean reversion opportunity. He just doesn’t know when that it will start.
Carl Icahn notes the reason for oil price drop
In a . . .
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