83 replies to this topic

[gannman]

thank god the oil sector is pulling back. my target for xom on this wave up is at least 100 probably higher. 

[gannman]

CFTC Commitments of Traders Long Report - Other (Combined)

 

a lousy cot report today i am staying away from this sector

[gannman]

i do think the oil sector will work higher here wonder if we will have a high volume buying surge

 

in this sector 

[gannman]

bp reported earnings . if it trades above 29.74 it is a buy imo

[gannman]

i dont see anything that really grabs me. if gdxj closes above 48 i will buy into the gold sector otherwise i watch 

[gannman]

not doing anything here just watching oil is the sector i like

[gannman]

i expect gold to plunge with the employment report then we will see. just a guess

[gannman]

oil and oil stocks going a lot higher imo just being patient 

 

the gld sector i am just watching too many false breakouts for me gld needs to really move here to interest me 

[gannman]

gld closing at 173 confirms an impulse wave up

[gannman]

i am thinking xom could make it into the low 70's here before we see a decent pullback