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I probably underestimated resistance in my zeal to buy oil. Anyways, did you actually short anything oil related(or buy airlines) yesterday? Trading on one's convictions is what counts. And yes, I bought an oil stock yesterday...

You win!... For now:D I'm ready to cut losses in case it hits my stops and proves me wrong

Whenever something breaks down in the short term and is at a bottom/reversal/top I see someone talking about how great/poor the long term trend is. :D

H&S... Seems like the downtrend has been pretty strong, but this suggests further deterioration of prices.

The indicators are all in public domain. I don't really care much about technical indicators, it can be MACD RSI Stochastics whatever. All simple stuff, nothing really complicated, prolly a million people know it. I do trade against news though... only long when media is quiet and so on...

1)Oil has disappeared from media, sentiment is cooling down 2)MACD bull divergence in small trading range, breakout anticipated 3)EUR/USD is bullish, a break of 1.2350 would signal a bottom, which would be bullish for commodities. 4)Iranian oil bourse starts trading on March. 20th So oil...

I think a projected weakening USD will have a larger impact. IMHO

Why look at OIH or XLE? Look at oil. MACD bull divergence, near a breakout, implies an uptrend...

I believe we'll see higher gold prices. I'll post about it in my newsletter this weekend, so my subscribers don't think I was doublecrossing them. (I made a sell signal for gold on Thursday... I dunno why, I guess it was 12 am then and I was damn tired.) EDIT: Reason: Bullish on EUR/USD, copper...

Bull.

Buy more. 1)Strong EUR/USD, probable bottom 2)Strong commodities, especially copper oil et al.

BULL! Predicted by GlobalFinancier.

Copper is bullish.

I'm calling a EUR/USD long term bottom. Watch out USD bulls.

Oh yeah? Underwriting securities, M&A, and selling funds. Not to mention lying cheating and so on. "If you want a friend on Wall St, get a dog" Nah... I'm not going to join that gang :cool:

Headed for 1.2300 folks.

Sell RGLD. Breakeven.

BULL! US CPI tame, housing starts down, 1.2100 critical resistance breached.

Thanks for the tip. However, I'll continue to trade the way I've been trading... while evolving and growing(my knowledge experience and capital )

Very bullisho n markets. So cover FNM as markets are in rally mode.