Tuesday, May 12, 2009

Sometimes making a quarter is like losing a dollar


We are not in the least bit surprised that oil is nearly $60 a barrel  T. Boone Pickens in fact promised it months ago we took some short term scalping but ultimately got a little too pricey and missed the majority of this latest move up even though we have been telling everyone for days that we are going up. We correct our recent mental mistake even though we made money we let the real opportunity slip by and predicted it. Back to basics buy pull backs. This is a screaming buy channel. We will show patience