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Post# of 704047
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KaliCo

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KaliCo

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Re: Smart_Money post# 305790

Tuesday, 10/05/2004 2:52:21 PM

Tuesday, October 05, 2004 2:52:21 PM

Post# of 704047
FWIW I've been doing some thorough OIL calcs...

using fibos and monthly charts, a possible set up is since 50 established a temp resis (support?) level, and if thats the .786 fibo then the high will be put in somewhere around 60, right now I expect that to be a reaction high as in incredible volatility.

The other scenario is we've hit the high and we are in the reaction volatility.

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