Sunday, June 14, 2009

It is Sunday And almost time for the Sunday Play

We do not have enough data to make an official call and A Sunday night play does not 
necessarily mean we reverse our position by late  tonight or early Monday the goal 
for tonight is similar to the last  overnight trade we typically execute We buy/sell in hopes that oil will move a half in our favor we will  move stop as soon as that occurs to protect profits of .25 cents and then hope oil continues in the same direction extending our gains or stopping us out for a profit of $250.  On overnights and Sunday globex you have to determine the range early you can usually do two to three round-trips before it gets late and starts to get one directional-Oil is global so the one caveat to this is to keep your eyes peeled if the currencies get lopsided something may be up.  I am starting my research by the way it acted Friday
My gut says up but wait for the call right before the opening








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