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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Vendit™ who wrote (7385)	4/6/2005 12:58:35 AM
From: Walkingshadow	Read Replies (2) of 8752

Oil at the moment is at a critical juncture----double top forming, or will it rebound from the middle of the BBs ??? futuresource.com Note that there is recent chart support at about $55 also... I think it is about 70/30 in favor of support holding either here or just below at $55, and oil moving back upwards from there. The alternative is the beginning of a trading range, but it is too soon to tell IMHO. T

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