Nobody home? Wanted to short that test of previous S, now R .20-ish, but... Starting to think that it wants to go up Edit: .17 then .17 and then again .17??? Oh, come on!
Just observing right now too. Looking to see if I see anything. There were some more obvious opportunities earlier but I wasn't here. Still getting my software issues worked out. Hope everyone had a nice weekend and is enjoying their day.
Stay tuned. I'll let you all know when I short the top of this channel to alert everyone to the breakout.
Must be lunch time. It's 8:19 AM here. BTW missed the break while dealing with my software. Ongoing. It's okay. BBIB Have some other business to take care of. Make some good money.
http://www.reuters.com/article/2011/01/31/markets-energy-nymex-idUSN3132681320110131 * OPEC would add more supplies to the oil market if there was real shortage, group Secretary General Abdullah al-Badri said on Monday. Speaking in London, Badri said he did not expect the current unrest in Egypt to affect oil flows through the Suez canal or the Sumed pipeline. [ID:nLDE70U0K8] * OPEC ministers will discuss oil output policy on the sidelines of an international energy conference in Saudi Arabia on February 22, an OPEC delegate said. [ID:nSGE70U001] * Vessels at Egypt's port of Suez are unable to pick-up military escorts for protection through the pirate-prone Gulf of Aden, a senior industry official said on Monday. Ships have been traveling through the Suez Canal as usual with no reports of delays or cancellations. [ID:nL3E7CV08K] * U.S. heating demand this week is expected to be 11 percent above normal, the National Weather Service. Demand for heating oil this week will average 13.1 percent above normal, while heating demand for natural gas will average 13 percent above normal, the NWS said. [ID:nSGE70U05T] * U.S. consumer spending rose more than expected in December to post the sixth straight month of gains as households drew down on their savings to fund purchases, government data showed. [ID:nN28151915]