4/18/2008

If You Can't Beat Them.....

The talking heads say crude oil prices are being driven by speculators, if that is the case then it is going to be a violent drop when the speculators leave, or turn short. For now there appears to be no limit to the upside.

Entry points for today 04/18/2008 NYMEX Light Sweet Crude Oil June Contract
(click on chart for better view and click again when chart opens for larger view)

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