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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (149352)4/13/2011 10:50:53 AM
From: CommanderCricket  Read Replies (2) | Respond to of 206159
 
Chance,

GS can jaw bone crude down but eventually the fundamentals will take over.

IEA saying global inventories are being drawn down by almost 2 million bbls/day is going to get peoples attention.



To: ChanceIs who wrote (149352)4/13/2011 8:36:23 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 206159
 
<Lots of technical damage on the charts the last few days.>

Yes. Every chart I look at, just went below its 50dma, or looks like a double top (February and April highs).

JPM did exactly as expected: the rally failing at around $48.

I may short some more UAL tomorrow.


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