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roguedolphin

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roguedolphin

Re: None

Tuesday, 03/22/2005 3:54:21 PM

Tuesday, March 22, 2005 3:54:21 PM

Post# of 173793
Oil....Just looked over the charts of the major oil stocks. They look as if they are entering the "C" wave of an "ABC" correction in Elliot Wave terms. We could see some weakness in oil and at least the major oil stocks until this "C" wave downside correction has run it's course.
I will then look to add to my oil company positions.....we are still in an energy bull market that has a long way to go in my opinion.

Rogue

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