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

Quote from epetrov:

Has anybody stopped using petrol because of the prices?
I don't really think so.
On the other hand the consumption inceases and the production is not unlimited.
:confused:
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Petrol consumption has fallen 20% in Britain in the last year though prices are even higher due to taxation.
 
Daily still bearish indication, it either starts retrace tomorrow or blows right through the quite obvious $140 resistance

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1959704>
 

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Quote from JSSPMK:

Daily still bearish indication, it either starts retrace tomorrow or blows right through the quite obvious $140 resistance
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JSSPMK...do you think the 'new' Saudi 500,000 barrels helped todays move at all...at all???
 
HUGE SELLING TAIL...HUGE SELLING TAIL ON THE DAILY CRUDE OIL CHART...HUGE SELLING TAIL FOUND ON THE MONDAY JUNE 16TH DAILY CHART...SELL...SELL...SELL...SELL CRUDE OIL FUTURES...note...of course this is my opinon and do your own reserach before trading...
 
You SCREAM sell 4 times but then say do your own research. I don't get it, whats the point of yelling SELL if you are just going to pussy out with the lame disclaimer?

Quote from increasenow:

HUGE SELLING TAIL...HUGE SELLING TAIL ON THE DAILY CRUDE OIL CHART...HUGE SELLING TAIL FOUND ON THE MONDAY JUNE 16TH DAILY CHART...SELL...SELL...SELL...SELL CRUDE OIL FUTURES...note...of course this is my opinon and do your own reserach before trading...
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