Skype: heliosphan187
- Joined Sep 2006 | Status: Member | 2,163 Posts
"Invest With The Insiders, Not The Masses"
George Muzea
Dislikedtriangle breakout would not be surprising, think how many are short in 140's/130's, they will need to cash inIgnored
DislikedPressure is still down on Oil and Gas prices, with liquidations from Hedge Funds and Banks. Plus if USD Index strength is half way to a top, and stocks are half way to a bottom, then both are Oil negative. (Eur/Usd down = Oil down).
I see Oil entering a sideways period after a low is set, not an immediate jump to test a new high. It would be great to see prices reach the $50-60 range, to load up long.
AttachmentIgnored
Dislikeddon`t you see above 40s b4 down to 27?
27 is very scary,,,,,,,,for some producers breakeven is above 30 usd per barrel also if 27 is for nymex then persian gulf oil is below 20!Ignored
Dislikedwe need daliy close above 40.80 to test 45.00 area
but u must know the price on chart is one 200 or 15 or 50 it is not matter
but be careful we ar at end year
any way i will put my idea laterIgnored
Dislikedi have 3 long posn at 39.94.....39.53..........38.09
holding them for few days now
looking for 41.45 to exitIgnored