Tuesday, May 5, 2009

oil stuck in the la brea tar pits


With market like yesterday we have seen oil jump several points (Like 6)but after two attempts
Sunday night at catching the last bit of upside from the current run up we consulted the charts 
watched behavior and sold at 54.5-oil traded as low as 53.70 somewhere between 12-7
but that too is a mild move. If we get stopped out at 54.25 and we may the new resistance line is...
Members check your emails we have sent them out  for new entry points should we need them.