another chart.........plenty o' supply. but also plenty o' negative sentiment putting a "hedgers" floor under the market. so my guess.....sell premium (i.e. we're rangebound for awhile and it could stay that way for many moons--i think Gary Smith mentioned late last year that it reminded him of 1993-4 or something like that when times were really good, but then trading stunk for the next year or so....prepare for ongoing frustration).
