Monday, July 27, 2009

Keep buying the dips

If you have been sticking to this strategy it has not failed you as even the slightest lift in the market brings oil back up from 67.6 to 68.30-Selling also could work but we are finding more success buying after dips and turns then selling after .25-.40 in gains and waiting
we are personally a little uneasy legging in short as we got singed twice on Friday and overall
until things change we are bullish-thee has been some inventory talk thrown around saying that oil fundamentals have it overpriced here but weak dollar strong market and easing recession will have that number lloking like a draw very easily anyway thye inventory play starts tomorrow afternoon and finished with the EIA on WEd










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