Okay, not many people know this but apparently there was only ONE person who bought a 1,000 bbl. NYMEX futures contract for $100 bbl. yesterday. That's when the media went ape$hit and started freaking out about how oil just went over $100.
But it was just ONE guy who bought JUST ONE contract. That's like the first guy to buy 1 share of Google when it hits $1,000/share.
According to scuttlebutt I'm hearing - the guy wanted to be the first person in history to own $100 oil.
He's gonna save the trade confirm and E-Bay it.
