Thursday a Day for the EIA/ morning price

The API was bullish and I expect the EIA to show a draw as well and apparently from the way Oil is acting I am not the only one. The dollar which seems poised to rally seems to be discounted in favor of sentiment and expectation.  Last night we bought 62.88 on the re-open at 6 PM
Sold at 63.10 but as oil did not come in with the high-yield currencies selling off we bought
again at 62.95 since 12am those currencies have stabilized against the dollar. It is hard to reco
a buy up here and I have been able to stop protect profit as July Oil has already retouched and tested the r3. Everybody seems to think it is a no-brainer that Oil should come back down today citing would-be reversal patterns  and eyeing a pullback down in the 59.xx zone but this seems poised to make one more leg up and is looking for any excuse to make the run and  
the EIA to me would be just what the doctor ordered.
If the numbers somehow show a glut price entries emailed are void and I will re-assess
in the afternoon.  My current position as I stated Is long 1 contract at 62.95 stop adjusted to protect profits at 63.25 I may sell and reverse especially near my sell entry point if not stopped 
out

morning prices

buy 62.5

Sell 64.75

last days to join

PayPal - The safer, easier way to pay online!">

Eleven straight weeks of Profitability and counting

After charter membership is sold out we go to delayed publishing for non-members
1 spots left join the charter membership prices are $40 per month June 1 2009