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Strategies & Market Trends : TA setups-ex th traders
DIA 462.58+1.0%Nov 21 4:00 PM EST

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To: cthruu who wrote (7052)6/6/2005 2:37:51 PM
From: Galirayo  Read Replies (1) of 7682
 
[Edit] Because Crude is being run up on lip service. The 55.00 Strike should be Strong R. It looks like it is today.

Oil Service will be taken down with Crude.

We are Floating in Crude. And they are Actually .. Hitting Finds .. The Oil Sands of Canada has been Drilled. There's more oil there than in Saudi. We just need a Pipe to move it .... which they are building. Crude is on a Precipice.

And of course they can't go up forever. I see Pivots in Place today ..

Sure they're good companies .. but they deserve the Volatility as well.

EDIT: The Strategic Oil Reserve will be Full soon as well.
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