Tuesday, April 7, 2009

i told you last night before it dropped so you could sell easily-last day to join at 0ne dollar a day

we told you to sell at 51.30 last night-instead of covering we had you   move stop so move it again n- I think the point has been proven-many times over

132 update move stop again 49.5 protect 1900  we will cover and go long at 48.875 area

212 we got stopped out 49.5 made $1900 great day wait for your price to go long we should get one more push lower

we buy a point lower if we are lucky


after the Globex close we are on the botom of the buy channel again we are looking to see if we will bounce again

we put in a bid 4:36  48.49currently 48.66  it is our first buy reco of the day  we are down a long way now moved down to 48.49

bot 48.49 stop48.24  time 4:49

Extended close we are 9cents as you know EIA is out n the morning-Is this a surprise this thing has been rallying for weeks in spite of these so-called large stockpiles of oil. We are up a lot here so if we get stopped u and take a quarter hit we will live with it and reassess this baby looks weak and news looks bad and the overall market looks bad-but technically here it looks good- when it 54.87 all we heard is 60 and some jokesters even clamored around the price 
It just might drift south another point but these guys with their economic data are usually a day late reporting yesterday's news- SO like I said down 9 cents comes out to 93.75 with commissions big deal- At least I don't run around with has happened I deal in what will happen
because that my friends is why we are always getting paid