The EIA had numbers we have been used too draw in Oil and bulge in gasoline etc.
The ADP forbodes a bad NFP. ANd there has ben talk that the Nigerian groud Mend
is part of a hoax used to drive oil prices up- If that is true which I have no idea a few more dolars are coming out of this I sidestepped the free-fall an emailed everyone that I percieve the news badly- but I did not sell. The divergence between the S+P and currencies and Oil is definitely disconcerting. Technically speaking the so-called head and shoulders pattern has reared it's ugly neck at the 69 level which would also suggest a price of 66 or so here.
THe nfp is expected to be 9.7 % the worst we have seen. 15 minutes left in the session
Im selling at the neck line I have a feeling more news will unfold and this will all make sense soon.
and drop an email chrgr06@yahoo.com to schedule
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