Friday, July 10, 2009

crude weekly..

Interesting that the 50% fib level seems to be holding on a weekly basis. I'd like to see us penetrate that at some point to help the deflationist cause. Also if the top was in fact a distorted head and shoulders then the 1st target down has been hit.. I may hedge my SRS and EEV positions by going long DIG into the weekend...



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