ES Journal Archive (2006 - 2008)

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$96.00 crude......$100 around the corner,Boone Pickens can now come out & pound his cheat & say he was "right".
big phsychological level.

top that with XOM missing their # by 4 cents.......with $100 crude,go figure....................good thing inflation is under control..:p
 
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$96.00 crude......$100 around the corner,Boone Pickens can now come out & pound his cheat & say he was "right".
big phsychological level.

top that with XOM missing their # by 4 cents.......with $100 crude,go figure....................good thing inflation is under control..:p

but would only matter IF/WHEN charts concur :)
 
by the weekend oil should be at 100 per ..I would concerned about the headlines over the weekend.

market has to get used to the psychological level, and fact interest rate cuts are out of the picture. Future cuts only if a equity crash occurs. And oil can be cut short if a global slow down can be engineered.
 
Could be just Exxon's report, what do you see that suggests possible re-test of 1500? I don't see anything, but would like to as holding FDAX long plus some puts.
 
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