Wednesday, August 19, 2009

Octoberfest

74.70 is the top we are out at 74.10 we would short at the74 .70 spot that is the target sell zone for the october contract
we must have gotten everyone long somewhere the early look told you china was overdone the money prices said to angle long
we gave a safe 69 with 69.70 as the low but told you we would attempt near there
then we broke down and gave you the EIA not only to react but with what numbers would work
then a re-advisement to buy with the commodity lets say 72 at the most we missed the eia run but got in afterward at 71.85 and urged everyone all should be on the plus side no excuses today