Well it is after midnight and the chart tells it all and repeats the story from last night just pulls it in earlier. Oil open down to 70.80 up to 71.58 and back down to 70.92
Swiss rate decision and borrowing data lead the overnight prior to the Frankfurt Open
the Dax can stimulate moves in crude and many 3 am moves can be traced directly to this barometer. The inventory was very bullish it pulled a host of bearish factors neutralized and defeated them for the session. Whatever you hear inflation fears have to be reckoned with
for in their absence Oil will lack it's normal punch. We may get a surprise lift from Rimm
My favorite tech giant after several companies like FEDEX and Best Buy helped stymie
the market I want to see the blackberry falter If that happens I will half my equity position and protect with puts on the balance because almost everyone I know has a blackberry and plans to get another. Oil has continued to battle albeit it has been beaten back a bit gives us one piece of data to just worry about inflation and the bull push will resume. Inflation fears are good for the market here someone should spread a rumor.
Say what you want about my methods today and many many days the results speak fro themselves. Today after EIA report we issue a buy .17 cents off the low and a sell 3 cents off the high. Half points could have been made from sell 1.5 points from the buy.
For direct email pricing subscribe once the new site is up this publication will no longer be available to the public and the price will no longer be $40 per month.
I have been working with a web designer and a translator as this site will also be available in Russian and German soon.
and drop an email chrgr06@yahoo.com to schedule
Posts
