Replies to post #1857 on Chelsea Oil and Gas Ltd. (fka COGLF)

[Belek]

yep, agree, lower oil goes. for the $SPX we may get one small bounce

tomorrow, or not, I think the FED is just lost in this fiasco of no interest rate policy, they are trying to save the World? from what?

a snip from my newsletter

Demand Power fell 3 to 419 Monday while Supply Pressure rose 6 to 372, telling us Selling interest was greater than the price decline suggests, as deep pockets intervention supported prices providing bids the general market was not interested in providing. We have seen a lot of deep pockets intervention lately and it makes us wonder why? What do they know?

[Belek]

Crude futures really TANKing now!!!!

[Belek]

some serious distribution taking place wouldn't take much to get to that

205 area........