Same post new chart looking at the numbers 11:09 PM

top chart worth as look notice support levels

Only when they shrink. We have heard that technical analysis has economic data already factored in and is the only weapon you really need. Of course that is not entirely true and as useful as technical analysis can be and is in play daily you really want to pay attention to far more to be able to find success trading.  
Common sense is a tool as well. That is how recent inventory gluts were shrugged off and when the same report shows a draw in supplies- oil picks up speed on its  path north.  That and all this talk that the dollar has met its match and will go the way of the sterling as the chinese currency gets prematurely anointed as the new standard reserve currency. Add in a dash of the market abating its recent losses and that pretty much sews it up.  We only gave buy recommendations today no sell at all. We did a flip late last night but after careful analysis drew the conclusion and told everyone that we knew the overall direction that this was a pull back not a a new bear market the only question that remained was where was the best place to buy . We missed the bottom by 5 cents with our 56.60 call.
but if we don't get stopped it was an acceptable and functional entry point. Kind of sorry we sold so after only a point and usually would have stop adjusted but we really hoped for one
more turn before we stayed on for the ride.  Still another nice day and our own profit and loss goals are shattered for the ninth week in a row it is hard to actually complain.
 It is far from a free ride though I will admit an enjoyable one - I finally stopped working after midnight only to start in again at 3:30 in the morning analyzing charts and working feverishly towards our best guess for myself and my membership.  Evening pricing another matter. Stay tuned no rest for the weary.
We should be up on the new site before by June and then non-members can read these publications a day later as it will be published on a delayed basis after that.

June 1, 2009 $40 per month   excludes charter members