Tuesday, March 24, 2009

overnight down drift

We recommended our readers sell at the top 54 of the buy channel and if you are up $660 we could hardly blame you for covering  perhaps put a stop in place and guarantee $500 because

so far doing just as predicted oil has drifted down 53.34 and I expect i'm not the only one who believes the EIA will be negative for oil tomorrow it could be another point lower by morning but I would get flat before the report as anything could happen- by that time you should already be well on your way to a profitable day tonight play the overnight