Once again we venture towards the overnight everyone in the group having a very big week or so I am hearing -it wasn't a no brainer coming into Sunday Most, as we have said, thought lowermany held that opinion all the way until this morning needing a close over 71.5
to shake them out of their Bearish Coma. I am following a site and have been reading his poor followers comments about "still short from 68.xx if it makes you feel any better" and How "he never claimed to be always right" Certainly not this week.
Anyway no one claimed Oil handicapping was easy and you must interpret the massive amount of available information factor in adjustable variable with a dash of unknown unfolding events.
We use technical analysis economics and listen to as many opinions as possible but ultimate formulate our own-I also take it several steps further mapping out a trading attack for anyone who is interested and I step out on the line and give out actual prices with my trading bias.
All in all it has been working since its inception in late February and I thank the charter membership for having the faith and joining as we will have to get our new site opened to accommodate any more members. I have engaged someone and hopefully it will be completed soon I am anxious to take the site completely private and post on a delay to the outsiders that can watch from afar.
Tonight we will have the psychology battle which should allow for a run up and a mini-sell off back down not necessarily in that order more than likely it can be traded and although
i believe the economy gets worse at a slower pace this rally now is going to need Botox if it wants to continue to stay youthful in appearance. I believe they actually have a handle on the numbers and they will be bang in line but we should be able to rake a shekel or two
from the speculation up and down Ideally when it is all said and done and I am ready to count sheep I hope to be long stop adjusted to break even but I would take the free-shot from the sell
side if it develops that way we hope to make two "round--trips"this evening buying dips
and selling pops if we are going to work every night we should get paid I think.
watch us fly from afar.
and drop an email chrgr06@yahoo.com to schedule
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