Monday, May 17, 2010

Crude Oil - Downside Objective Reached


The market is still open as I write this but I wanted to alert my readers to the fact that USO has reached the downside objective I've been looking for. I'm NOT saying that oil is a buy here, what I am saying is that this is the place to cover shorts...we've had a big move!

No comments:

DISCLAIMER

This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Trading and investing involves high levels of risk. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise.
 
Google
Technorati Profile Finance Blogs - Blog Top Sites