from 3/4/05:
so tim, just what could trigger a hard sell-off in the financials?
hmmm... think, think, think...
ah... perhaps if crude oil were to break to new ATHs?
imho, it's certainly worth thinking about.
--tsharp
the longer crude hangs up at these levels, the tougher it's gonna be for the financials to gain any real upward momentum... jmho, but certainly worth thinking about.
it's the econ... er the crude price, stoopid...
Started by
tsharp
, Mar 16 2005 05:49 PM
3 replies to this topic
#1
Posted 16 March 2005 - 05:49 PM
#2
Posted 16 March 2005 - 07:55 PM
I like that, but in nov,35
#3
Posted 16 March 2005 - 08:00 PM
I like that, but in nov,35
that wave-iv is just down there for the sake of giving perspective, i'll adjust stuph in real-time as becomes necessary... but it could be oct/nov, just as the cold temps are coming on that an IT low is put in... fwiw.
--tsharp
#4
Posted 16 March 2005 - 08:34 PM
I like 35 soon,40 days ? and market up...then 62..we get that pull back..I'm long oil stocks.....