Tuesday, March 17, 2009

range extended to 1

all pundits are calling for a pause in the rally-these johnny come lately experts always read yesterdays paper so to speak we need a peek at tomorrows headline oil jumped to 47.60

so even with dow down 27 points FOMC meeting should have bearing on overall market 

oil seems to only be affected positively by dow here maybe somebody has heard API numbers ahead of us- irrational trade range strict use of stop orders limit losses to half a point 
many dollars to be made in meantime as oil ranges 46.60-48