Wednesday, May 27, 2009

Instincts

My instincts were to buy this morning and anyone who read this morning's post should have been able to tell I was bullish- "Touching on the point no one should be surprised about this and there is more to go before this takes a breath"
I had some personal errands to run this morning so I laid out but I felt the instinct to buy and 
I told one member so I have  witness.  I could have easily bought and stop protected 
but so-called"common-sense" and perhaps greed made me wait looking for that juicy buy in spot. We all had our chance to buy yesterday and I did at 59.82 but I did not ride it nearly far enough. There is an OPEC meeting coming up and apparently inflation fears the list goes on and on right now. We know oil can move for points at at clip day after day after day in one direction- So starting tonight we analyze each day on it's own merits. All this jawboning about 75 a barrel from Saudi arabia. I am going to buy this dip if it gets back to 62 area today





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