Monday, May 4, 2009

Never Say Never

Most people thought a rally like this was impossible, but they are kicking themselves now. Eight weeks in a row! I am still trading longs only and patiantly waiting for a short signal. Just like picking bottoms anyone picking a top for the last month have paid for it.

I am also still long oil waiting for something to happen here. Finally had some action on Friday with a rally up to $19.50. Still feel the $17 low will hold and will wait this move out.

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