Thursday, April 2, 2009

52.75 2:00

you know we are now roughly 1.5 points higher than we were this morning -I stayed on the sidelines since i missed the first leg of the run up oil  moves like a freight train straight one direction instead of waiting to find a reversal point again we should just go with it- now we told you to look for a spot to sell up here but thinking it would be here I should have told you to buy this morning my  apologies. Oil has made a serious move up but we have to consult the channel 
as it swims back up-54.75 will be the top of the channel but i think i am gonna make a sale here 
52.87 stop up a quarter and buy back down a half lets make a quick $500 together right now