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To: skinowski who wrote (129595)2/15/2006 4:41:04 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
What would a waterfall decline in crude oil do to that sector?-g/ng

As we discussed some time ago, the move off the August high on the CL's was indeed an impulse and we are obviously well into the the next wave down.

Now is it just a (c) wave projecting to 50-55 or is this the start of something larger? If its the former then the CL's are a major buy shortly. I have no opinion as of yet.



To: skinowski who wrote (129595)2/15/2006 5:12:56 PM
From: cybersaavy  Respond to of 209892
 
Im going with this count albeit a tight stop in case I've got it all screwed up. Have a look at ACI as well.

ttrader.com

cs


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