Get long June Crude Contract $64.50/ 4-9-07

Quote from myminitrading:

To me thats like researching the fundamentals of public companies, I just dont care. I just trade off the charts, and have for close to a decade. It works so I keep doing it.

Last Wednesday I saw a nice set up in GLW @ 22.80 so I took a position, I am still in it.

I just love paging thru the SP500 stocks looking for opportunities.
I really love my charts. I never look at the fundamentals. I will admit I do look at analyst opinion, I like to see alot of recent downgrades thats helpfull.
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I agree with you about being bullish on oil. I also don't think you were unreasonable going long at the price you did. Just be prepared to hold through a pullback. We had a big selloff a few days ago, and may have a bit more downside.

There's alot of 'analyst' type guys on here that write BLOBS of information, but at the end of the day, it really doensn't matter what you do if you can make money.

I'm curious what are your thoughts on MRO & HES. I'm thinking going long both of these eventually.
 
Dang I just loooked at this position, I have been in dow mini land alot today, goooooooo crude gooooooooo I am selling one of three contracts right now 66.30, thanks

I will continue to monitor it.
 
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