Wednesday, June 17, 2009

EIAFTERMATH








they came out but there was a draw and it was more than expected the  head fake  is in play 
as it dropped right to 69 the news is staring to settle in I bought low 69.17 for a trade I am not married take profits today. This market is unsteady the news is mostly bad and Oil has made a major move on sentiment and inflation fears I know that is not the whole equation but if you take it out you are going to lose some ground. The underlying truth about oil reliance and consumption still stands so longer term is higher without question once a new excuse surface this will be back to up. I gave a bearish stance I sell pops and buy dips today











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