That USO <109 kept staring at me... nope "not gonna do it". It was EXTREMELY tempting to position for a bottom channel entry. Looking at the 5 day chart, USO could actually get whacked tomorrow.
ADBE did ok. So, no bear parade there. LEH, yawn...
DBA & HK are small negatives for me at this point. We will see what happens come June 18... there will either be a breakout for oil or at worse it flattens off the rest of the summer.
Monday, June 16, 2008
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