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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (8920)10/10/2008 2:36:29 PM
From: Galirayo  Read Replies (1) | Respond to of 41419
 
Looks to me like it counts as a Clean 5 Down .. on the weekly .. but it's in Direct Opposition to the EEV ..

stockcharts.com

Don't go crazy on oils .. Let's not have it recovering with Stocks. What really burns me is they Drive Oil with with the Major Indices .. that has to stop .. and they need to Bifurcate.

Let's Ramp up the Green .. Think UTY ?



To: skinowski who wrote (8920)10/10/2008 2:48:57 PM
From: Galirayo  Read Replies (2) | Respond to of 41419
 
The current price of gasoline in comparison to crude is not providing enuff 'crack spread' for the integrated to make a decent margin let alone the "Pure" refiners that have to buy on the contract or spot market cuz they have no crude reserves to draw from. .. So the Oils may really disappoint with earnings this Qtr.

The RBOB is Leading the Crude Price for now with demand destruction.

futuresource.quote.com


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