THE BLACK GOLD WATCHER (copyright 2006)

THE BLACK GOLD WATCHER'S COMMENTARY FOR MARCH 08, 2006














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THE BLACK GOLD WATCHER’S COMMENTARY FOR MARCH 08, 2006
















THE BLACK GOLD WATCHER’S COMMENTARY FOR MARCH 08, 2006

ANALYSIS OF BLACK GOLD!

Today’s close (3/08/2006) was very weak. More of the weak holders, the public, were run out of the market. Locals will soon try to uncover the buy stops on the upside of the Crude market.

Short sales of Crude Oil are out of the question at this time. Soon we will see how many traders will be caught on the short side when the market reasserts it’s trend. The MOMO traders have taken a lot of heat already. The Commercials are the key to support of Crude Oil.

 

Subscribers to THE BLACK GOLD WATCHER (copyright 2006) have already been issued the appropriate instructions to capitalize on this change.

The usual Mideast drama will keep the picture muddied, as it’s designed to do!

 

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Don't try to buy at the bottom and sell at the top. It can't be done except by liars.
Bernard Baruch


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