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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (997)11/6/2001 12:52:55 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 23786
 
I don't play oil. But, I do call it on JP's threads every now and again (I have been pretty good at calling oil, pretty funny since I know nothing about the industry). I would play $16/br the same as I would $12/br at this point though. $16 does look like a stopping point, so maybe wait for it to hit and then re-evaluate and maybe play the bounce before reloading on the short (after determing that it still looks like it is playing with Mr. Ugly).