Again it is the overnight and we try to get inside the minds of the trading population which determines Oil's true price under the auction process. So far In the 2.43 hours we have seen oil drift slightly off the extended close down 7 cents it got as low as 71.33 and turned back up
and looks headed back The high yield currencies appear to be rallying on the early part of the evening. Retail data is up my sources tell me they are expecting a bad number but I wouldn't be shocked if it was discounted or actually came up better than expected. Oil only listens to good news this week. Bad news is Oil red-headed step-child until further notice. So a surpise good number could take oil up systemically with the market. I am trying to buy in. I was hoping for 71 but I will buy the next dip wherever that may be.
and drop an email chrgr06@yahoo.com to schedule
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