Sunday, March 29, 2009

just one last thought oil 10:49 51.36 bid and last

Reading about the  UAE comments about a fair price of 70-75 and how this low price hurts everybody strikes me two ways-1)opec will do anything to prop up oil 2)opec is helpless in the big picture  cuts are short sighted moves which simply leave more oil in the ground than at refineries -Imagine the greed of these countries that did not relinquish when they had us all by the throat when oil was $140- There are abundant supplies right now and most experts think oil will should fed printing press not withstanding be at 40-45-The market tells us what is fair and low oil prices also helps many interests this country included.  
Anyway we go to bed and set the alarm for 330 to see if the recent 400 Globex rally action will re-commence.  Keep our profitable short on keep your stop on too! we watch the buy channel 
has been immensely helpful and will continue o do so for now



join my membership 23 down 77 to go look back at this week alone we got stopped out once
there was a fortune made by our group this week and reading feedburner my readership has jumped to 6821 readers-once these memberships sell only the members will receive timely reports and frankly if you are not on time in this game you are in the wrong game

if you are already a member you will getting your passwords once the memberships is completely sold and at that point the membership will officially be on the clock 'til the early morning  click below and keep your edge  3 month membership