20 reasons why Oil to NEVER hit $135.00 again...dated: May 22, 2008

Discussion in 'Commodity Futures' started by increasenow, May 22, 2008.

  1. Gyles

    Gyles

    Sincere thanks for your comments and best wishes. We wish you the same. :)

    This thread is good not only because of the topic, but because of your active involvement plus the kind and encouraging words you post now and then. :)
     
    #261     Jun 12, 2008
  2. holding under $135 currently...
     
    #262     Jun 12, 2008
  3. JSSPMK

    JSSPMK

    I see weakness on daily chart now.
     
    #263     Jun 12, 2008
  4. 11Blade

    11Blade

    Thats pretty controversial - the wrong nations and cultures? who decides who is the wrong nation and wrong culture?

    would the Brazilians. Canadians, Russians be the wrong nations?
     
    #264     Jun 12, 2008
  5. confirmed...seeing a serious plunge or drop tomorrow...heading into next monday?
     
    #265     Jun 12, 2008
  6. JSSPMK

    JSSPMK

    I think you're rushing things a bit, this is one of the main rules when selling tops - never sell into potential strength, wait for a proper shorting opportunity or join the move once it's started.
     
    #266     Jun 12, 2008
  7. This is the same guy who said oil would never hit 135 ever again.
    What did you expect?

     
    #267     Jun 12, 2008
  8. JSSPMK

    JSSPMK

    Reading his posts I understand that he is an inexperienced trader, it's just obvious. I am no veteran either, but I am on a different level to him. I just hope that he learns something from this.
     
    #268     Jun 12, 2008
  9. Inexperienced and humble is fine, but up to this point I've just seen him be inexperienced and cocky :)

    Hopefully he does learn from all of this.

     
    #269     Jun 12, 2008
  10. solfest

    solfest

    I tried suggesting we were at the end of the crude oil run a couple of times now.

    I give up.

    The trend is long until it is short.

    The 34 EMA on the daily has been support several times now.

    I don't think you can call a trend change until it is broken, and maybe wait for a 50 - 100 EMA breach as well.

    Its been a great market, and can be just as good on the way down.

    http://tradingcrude.blogspot.com/
     
    #270     Jun 12, 2008