Wednesday, January 03, 2007

XLE And Crude Oil Collapse



Last Saturday I posted some comments as to why I was bearish on XLE. You can read the comments here

Today XLE and crude oil got crushed. I'm looking for alot more downside and will stay short for awhile..

Posted by Kevin

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1 comment:

qwerty said...

check out the head an shoulders pattern xle made. Just another reinforcement of your view.

10:00 PM

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