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Re: reaper247 post# 63921

Saturday, 04/11/2015 7:15:04 PM

Saturday, April 11, 2015 7:15:04 PM

Post# of 90877
Dropping back in quickly .... so a question for ya reaper - are you mainly playing the oil mrkts from here on out, specializing there? If so, PLEASE do NOT put much weight on the analysts opinions as most of money I've made in that mrkt (actually ... I usually go AGAINST "the experts" in most mrkts) have been made going AGAINST the "experts". IMO, the only 2 reasons to follow or read their "opinions" is to "spur your own train of thought" or to go and bet against them. IF they were truly experts they would not be publishing opinions - rather making bazillions of $$$ actually TRADING it!!!

Now my mind is stuck on oil because of you hahaha! (Actually, that's not true ... been on my mind alot recently obviously and now I MUST do more research/thinking about it) My best guess near term (hate doing that w/o a fully formed opinion) ..... trading range w/o a breakout/breakdown for at least 2 months IMO .... but not so confident in this opinion to trade it .... I will be a watcher though!



Side note ..... Watch the freakin' dollar!!!! As I've mentioned many times recently, I still expect NO significant raise in rates for USD for the near/mid term future .....


Of course (as always) I may be wrong :)



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