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Double bottom, shipping industry benefitting from higher oil prices, good dividend.

I'll share with you one of my experiences(a few actually) I used to often try to call tops. When gold broke above $475 last year, I bought gold stocks. When gold hit $540, I felt a climax was here, it eased to the $530s and I sold. The next day, my gold stocks kept falling, gold hit $500...

Who cares if you call 4% tops? Did you trade it? Did you enter in the next big move upwards? So if you made 4% and missed 16%, isn't it a bit like dropping the watermelon to grab a handful of sunflower seeds? I do agree it's extended, and it might drop, but what I'm looking for is a trend, and...

I think the chances are lower with the most recent quarterly earnings statement

Bump, though down 5% from my initial post price, it appears there is strong support near 16. With the rally of the commodities, I believe we should see a move to the upside soon.

Actually... Minting a penny now costs the US govt 1.4 cents :D. I expect continued gains, $300 has been broken through.

We're bullish because you're still calling tops, over and over, again and again :D Breakout to new highs, I'm remaining bullish, I've owned oil stocks, might enter fuel futures(the only thing that I can trade locally) next week.

Damn, I sold it from my newsletter... on Monday!

Longs strongly preferred. Retracement and new highs today very constructive.

We won!

Ok, short term bottom failed, USD will lose ground against SGD as it is doing so across the board. sell.

Longs preferred. Damn, I was not too confident in posting earlier about this one. But my commodity blocs are doing well :).

*expletive excluded* Covered too early. Keep shorting! Spot 1.1390.

I knew it. Traders would get fooled, especially equity traders, by the rollover to June contracts :D.

Both of you may be missing my point. I'm not saying that higher oil prices will be bearish for equities(though in the long run, they'll force interest rates higher, which is bearish for equities), but that tomorrow, due to a new contract being traded and quoted as "light sweet crude oil's...

May light sweet oil crude futures expire on April 17th, or today. If I'm correct, we'll see oil prices in June numbers tomorrow, which means it'll be above $70 unless oil prices show a huge drop(unlikely) This will likely spook the markets. Am I right?

Cover USD/CAD at market open for now. I see an intraday bottom for now.

Bail now! 1.2070 Damn, trade news.

1.6154. Intraday bottom, let's see if this becomes a long term bottom.

1.2132 spot BULL!