Tuesday, April 8, 2008

DCR

We're getting a nice pull-back in crude!!!

7 comments:

coinlieutenant said...

Yup....what is your exit point? Are you going to wait for a big pull back or a quick strike. I am in 1000 shares and dont like to hold this puppy too long given the fundamentals in energy.

When we make this bet we pit the idea that there is speculation in the market against a real supply/demand issue and a weakening dollar...

I am probably going to quick strike it...make a couple percent and leave. Thoughts?

mdp said...

Interesting action yesterday...haven't looked at the markets since noon monday. Is that what hawkeye calls a shooting star in the dow? I call it a arrow pointing the direction...lol.

Confirmation would be nice today.

mdp

Cyclist saying gold stock ready to run...fyi and yesterday was a "liquididy rally"

coinlieutenant said...

Who is this cyclist dude? :)

mdp said...

Fella on kitco who runs a gold thread....he has quite a following...mdp

coinlieutenant said...

Is he good?

mdp said...

He seems to have Hawkeyes and Joes respect...seems he's a elliot wave guy.

mdp

Ron said...

Just got this link from GIM:

http://www.financialsense.com/Market/kirby/2008/0407.html

Good read...financial sense....