Friday, March 18, 2005

Even the Crudest of Analysis Can Gain on Crude...


We definitely buy any dips between 50-52 and bounces of the 1:2 Gann, long front month at 52, with an upside target of 60.25. and stops at 49 as the pandemonia is yet to be valid in the pricing compared to the inflation adjusted levels of the 1970's and the Saudi petrodollar program. Also preparing for any shorts. I'm baking sugar cookies again, and after a brief switch to the voluminous Lucent(LU), I'm back to making markets in Nortel(NT). Posted by Hello

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