Sentiment and perception we love that about oil right guys -Who did not not see that sell of coming? I got out of the way I had an excuse computer problems the best I could do was calculate the next level and at least I sold and If my readers are watching they should have picked up that easy dollar.
the jargon about what and how and where oil should be is being bandied about from Russia "the land of Lawlessness"(i would count my fingers after shaking hands with Medvev and any deal struck will hold no weight-Russia is like the wild west was right now almost anything goes.
The French and BRits have also weighed in calling for a curtail to market volatility. How do they propose to do this? The rhetoric is being thrown about so fiercely almost anyone would be confused at this point.
When a vehicle which trades on the psychological as much as the fundamentals and there is this much confusion just go back to the basics.
Remember this pullback is a normal retracement until 61 is violated. 63.5 Is tech support
and If the dollar should weaken this will turn around quickly. we probably have a couple3 more days of weakness in front of us.
How about that Joe Biden. Note to Joe: we all know you guys don't really understand this economyIt is a many headed ever changing hydra that is more complicated than the greatest geniuses of our time can truly fathom and usually admit as much. but It really is not helpful for our vice-President to come out and admit it.
we took a shot here a t 64 for a trade but we may go short we will let you know
and drop an email chrgr06@yahoo.com to schedule
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