Thursday, March 12, 2009

sell the news

the chart looks week-but I fully expected oil to rally this is a precarious bounce i'm tempted to sell here but i think you should get one irrational run between 44.5-45 
since i'm so  writing this it already dropped to 43.5 so pick you spot and sell and you should see 41 at some point and then 100% re-tracement of rally to 39.5 this commodity  is range bound forget boone pickens 60-40 scenario