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Frank Pembleton

05/05/09 3:50 PM

#18874 RE: Frank Pembleton #18873

another reason to be cautious on oil - the CCI indicator on the C$ chart rarely if ever exceeds 200 without a correction.

KastelCo

05/05/09 4:47 PM

#18876 RE: Frank Pembleton #18873

ROTF.. I had HOU and HEU... and HXU... sold too soon.. That's fine.. Had a very good day Monday anyway and another up day today.. Infrastructure is moving it seems.. I have CSC and JNJ for a trade here.. JNJ looks like it's breaking for the 200 DMA and I may scoop a quarterly dividend also out of the deal.. CSC is still bubbling... broke above the 200DMA ... looks like it wants to run.. We'll see ... My US ute SO, Southern company is down though... to my surprise actually.. Loonie pop not helping any of these :o( Sold my VNP.TO this AM for a double :O) in the kiddie accounts.. They are a supplier to FSLR..

I have a guy on SI calling for 15$ oil, US collapse.. but somehow they will still control the seas.. Lots of fun stuff in the 'news'...

I'm still thinking we run close to June.. but as you know I can change my mind quickly :O)

B