AI
Thursday, September 11, 2008 11:43:25 PM
Oil
Of interest $106 is the 38 Fib R of 2004 $40 breakout which was back tested same year. The 61 Fib R is in the $81 range.I really don't see 65 in the cards, 85.....maybe but doubt it the available oil fields are just not there.BWTFDIK
Looking for softness in oil pricing till Nov. After that no way. IMHO
Of interest $106 is the 38 Fib R of 2004 $40 breakout which was back tested same year. The 61 Fib R is in the $81 range.I really don't see 65 in the cards, 85.....maybe but doubt it the available oil fields are just not there.BWTFDIK
Looking for softness in oil pricing till Nov. After that no way. IMHO
Maximum Extraction by Design
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
