SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Longer-Term Market Trends
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: ItsAllCyclical7/17/2008 10:20:25 AM
   of 3209
 
Since the markets did not see capitulation (imho) w/a 90%+ down day I expect oil to follow the markets in the absence of any compelling inventory data. Have parred down my oil short at this pt as such, but looking to reenter at higher levels. Time wise feel we're close regardless, but there could be one more big spike left. In this market never hurts to take profits. If I had to guess I'd say odds are decent 40-50% that we may have seen the highs for the year.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News