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To: Galirayo who wrote (138422)11/10/2006 10:00:37 PM
From: stkboy1  Respond to of 209892
 
I must admit I have mixed feelings concerning oil. investorshub.com Looking at the hourly chart, it still seems to be in a down channel.
The daily looks a bear flag to me and the weekly looks like a corrective consolidation before we make another drop but heck if I know. I would like to dream that this is some some sort of corrective wave iv and that we move down to $55 but I have read some bullish comments that are messing with my head...vbg
It is important to me as oil directly effects the TSX and it was bumping against resistence this week. investorshub.com
Need to watch the pullback and see how all this plays out.