IMTO, TLM in the $25 to $26 area is a buy, longer term as well, just use a stop somewhere around $23.5 in case crude continues in a downdrift to the $35/$40 area. I don't know where crude is going to go, it is possible that the $55 area was a "blow off top", note that other commodities have started to retreat quite drastically, so, maybe the Chinese influence on crude will abate. On the other hand, if Crdue holds in the range $45 to $55, TLM is probably price here for crude in the $35 to $40 zone and could easily get to a new high around the $30 plus area.
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