Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (47907)	5/15/2012 2:32:18 PM
From: Cogito Ergo Sum	Respond to of 69822

well on the positive side it's better than the last one and no warrants.. likely run it up a bit and take profits again.. rinse and repeat until it is a bigger company..

To: Johnny Canuck who wrote (47907)	5/16/2012 6:26:37 PM
From: E_K_S	Read Replies (1) \| Respond to of 69822

Hi Johnny - Any thing in the long term chart that could substantiate a fall in Oil to $74.00/barrel? Another technician (on TFNN) was reviewing the oil market and pointed out that Oil could fall to $74.00/barrel. FWIW, he also sees "fast price destruction" in the $SPX down to 1266. Wow, what a wild ride that would be. The argument for lower oil is due to an extremely strong dollar $US (ie. flight to quality) making commodity prices move "substantially" lower. Video: youtube.com Also looking for other opinions to substantiate possible trend. EKS