I had you buy last night at 68.5 check the post
I have been wrong but I will own up to it and write the next move and never ever leave my readers hanging.
Compared to Technical analysis here this news will undoubtably write a new pattern that will help the sooth sayer will give you the "magic eightball" treatment and right now forget that self -righteous "Cotts Guy " who just told u to sell at 71 .xx tell me that wasn't a stop out maybe not for him but his readers.(he is a good technician just a tad sensitive all the same)
I told you about this Nigerian situation- I told you they would not take amnesty that "more of the same" was why they were fighting to begin with. I told you these guys mean business
and it is only 10:00PMKand oil is close to anew high breaking 73.38 wow. How is your technical analysis treating you now! Fundamentals are the hammer to the forehead and here is one square on the kisser until we either hear what is going on over there be very careful shorting. I have already picked up a half taking a quick ride between 72.5 and 73 that is dangerous too and would not recommend it either.
Sidelines here kiddos too many unknowns this is a dangerous one. The currencies are in step here as the Kiwi and other high-yielder are poised to break out further.
Obviously the instinct is to counter trend and sell but we better find out what the deal is over there first because this baby could make today look liker an uptick if they start to do anymore serious damage -they have a serious force and the pipeline is virtually indefensible based on its sheer enormity. If oil keeps going north the implications on the market will be far reaching from the metals to the dow
and drop an email chrgr06@yahoo.com to schedule
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