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the big oils


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#1 gannman

gannman

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Posted 18 January 2015 - 07:58 PM

the large oil stocks like xom cvx and oxy seemed to do 5 waves down into mid dec from their july tops. the action since mid dec imo has been an abc correction. i believe us to be in the C of the abc right now. when that tops we should see a wave 3 down in the oil sector providing a significant drop in all things oil related. fwiw
feeling mellow with the yellow metal