first chance to post had to concentrate on the piggy bank.
Eating -9 in the am made 7 intra day then went long again 813 almost had a cow when we were going to test 803 soooo bought some more lol. in at 811 avg. Stop is 819. We could reach a high 17th or 18th of some kind then drop into opex.
Oil...boy did I MISS the freaking barn on the front contract call. I bought DXO the other day as it was showing better relative strength to begin with. Added 10% his morning @2.40 so in now at $2.48.
The back contracts hardly moved down at the lows so that is why I bought more. I thought we might test 36 but not 33 and still room for 31-29 but if dollar tanks nope.
If this is the move down that just started on the dollar I expected yesterday this rally may have legs until we hit 75.50 dollar area. If it is this rally could accelerate.
we'll see
Z
Busy busy day SPX oil
Started by
zoropb
, Feb 12 2009 04:29 PM
2 replies to this topic
#1
zoropb
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Posted 12 February 2009 - 04:29 PM
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#2
dasein
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Posted 12 February 2009 - 04:36 PM
eurusd broke under support today, so i am bullish on the USD for now
best,
klh
klh
#3
zoropb
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Posted 12 February 2009 - 05:15 PM
eurusd broke under support today, so i am bullish on the USD for now
d you may be correct...but todays high on dollar had negative divergences sto rsi etc. to prior high that was lower. Time wise has a turn today also.
I think Euro test 150 by mid March.
Z
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
