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Re: August Crude/ ** /STR *PIC*
In Response To: Re: August Crude/ ** Trades ()

No I bought the double bottom and exited on the 1st resistance pt with the ETF:USO. I was planning to keep it but I just don't have any confidence in something trending. I read yesterday that many analysts are considering no longer analysing individual stocks as everything now is news driven and whip lashing everyone all over the place. I have to agree as there are land mines everywhere unlike ever before. And they gap away on the open. I was waiting for the XLE to breakout. But see it gap way up and now you'd have to chase it to get on board. I'd rather wait for a pullback to that breakout pt at 66.50 but wont hold my breath it will come back down to it. Now see Crude bumping up against present resistance. With such extreme bearish sentiment everywhere this rally is likely to continue as well as with other markets. But this week is likely to be a complete basket case with even lower volume and holidays and major economic data out including the employment report Friday that so many 'react' to. I'm trying to ignore this week actually and see how it ends. Pressing the buy button seems like putting my finger in a light socket.

Messages In This Thread

August Crude/ Still in its Channel *PIC*
Re: August Crude/ Still in its Channel *PIC*
Re: August Crude/ Still in its Channel/Randolf
Re: August Crude/ Still in its Channel/Randolf
Re: August Crude/ Still in its Channel
Re: August Crude/ Still in its Channel
Re: August Crude/ Still in its Channel/STR
Re: August Crude/ Still in its Channel/STR
Re: August Crude/ Still in its Channel/N.Secret *PIC*
Re: August Crude/ Still in its Channel/Trades
Re: August Crude/ Still in its Channel/Trades
Re: August Crude/ Still in its Channel/STR *PIC*
Re: August Crude/ Still in its Channel/STR
Re: August Crude/ Still in its Channel/Trades
Re: August Crude/ ** Trades You said what?
Re: August Crude/ ** Trades You said what?
Re: August Crude/ ** Trades You said what?/g *PIC*
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ ** Trades You said what? NTR
Re: August Crude/ ** Trades You said what? NTR/g
Re: August Crude/ ** Trades You said what? NTR/g
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ Trades You said what?/Randolf *PIC*
Re: August Crude/ Trades You said what?/Randolf
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ ** Trades You said what?/g *PIC*
Re: Crude/ ** Trades You said what? **T Congrats!
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ ** Trades/Silverbear *PIC*
Re: August Crude/ ** Trades/Silverbear
Re: August Crude/ ** Trades
Re: August Crude/ ** /STR *PIC*
Re: August Crude/ ** /STR
Re: August Crude/ Trades
Re: August Crude/STR *PIC*
Re: August Crude/ Trades
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ STR