The news about the tarp was about as good a story as they could tell but still raised questions of disparity amongst the banks. Our sell spot of 69.99
stays untouched sadly as oil peaked 69.82 17 cents from the entry for now We would have reversed if it touched instead of just selling our long.
We still buy dips this time on the pivot of support which was previously resistance 68.9x
area (previously we were back and forth between 69.25-69.75). The wholesale inventories were better than last month but not as good as they hoped and the Chrysler delay throws some cold water on the recovery vibe which seems to change like the wind you have to trade today
it is hard work and you need to stay vigilant however there is still a nice living to be made this way.
It is not my favorite way to go
and drop an email chrgr06@yahoo.com to schedule
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