Tuesday, March 10, 2009

tuesday's to do list

when we awoke this morning the crude looked 46.87 at the uppermost spot on our buy channel
this rally looks like it needs to catch it's breath short rally's today we should see a nice entrance price from the short side sell at 49.90 or if if future turn south anything below 47.75 should be fairly safe to sell-look for a return to 44-45 levels which would land us back at the bottom of this buy channel and a position reversal would again be recommended