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IL Padrino

05/21/15 6:38 AM

#644 RE: ogbull #643

Thanks, I appreciate your input on this. It's a very confusing time. I made a little on this and NADL. Wish I would have gotten PBR at $5 when I had the chance... oh well.

I'll get back in when I feel comfortable again. SDRL at $9 was a bargain IMO so I couldn't pass that up. Also felt we weren't going much higher than $14.5 which is when I sold. If I held on for another 2 days I would have made a bit more, but can't complain on making a decent profit.

I don't think charts are completely worthless. They can still give you some indication of when people are buying and selling. Just can't predict price of oil factor.
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Slyder75

05/21/15 12:02 PM

#645 RE: ogbull #643

I absolutely love when people say technical analysis doesn't work, as sorry, I was a day late. technical analysis called this major balance today, whether you like it or not
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keith3506

05/22/15 8:38 PM

#650 RE: ogbull #643

That was a wise post. Just bought some.