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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Drygulch Dan who wrote (93621)6/21/2017 5:35:44 AM
From: GROUND ZERO™  Respond to of 222226
 
The world is in the midst of a mammoth oil glut, the biggest in modern history, there are huge tankers waiting off shore filled to the brim and over laden with oil, those vessels' water lines are under water, and these ships have no place to deliver their cargo... I can't see buying oil without a credible buy signal...

GZ



To: Drygulch Dan who wrote (93621)6/21/2017 6:05:35 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 222226
 
I lowered my GTC buy stop on XLE this morning to buy at 67.62 on a stop... it will remain at that price probably through the end of this month... but I'm not buying unless I see some strength...

GZ