tag:blogger.com,1999:blog-9067736168494850179.post1078367826848478324..comments2023-07-06T11:04:39.992-04:00Comments on upsidetrader: Digging Me Some DUGupsidetraderhttp://www.blogger.com/profile/05867859698563421515noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-9067736168494850179.post-35591038270787803642008-12-28T21:13:00.000-05:002008-12-28T21:13:00.000-05:00Long DIF from 24.80 area, mainly on sentiment. All...Long DIF from 24.80 area, mainly on sentiment. All I heard and read was that oil was going to 25 if not 10 dollars a barrel. Just like when oil was 140 , everyone screamed 200. In it for a trade.johnhttps://www.blogger.com/profile/17352102118244258021noreply@blogger.comtag:blogger.com,1999:blog-9067736168494850179.post-82416940038091428592008-12-28T08:39:00.000-05:002008-12-28T08:39:00.000-05:00whipsaw edthoughtful analysis, i concurwhipsaw ed<BR/><BR/>thoughtful analysis, i concurupsidetraderhttps://www.blogger.com/profile/05867859698563421515noreply@blogger.comtag:blogger.com,1999:blog-9067736168494850179.post-65329465013146847732008-12-28T01:43:00.000-05:002008-12-28T01:43:00.000-05:00I share your thoughts on DUG. On the Daily, the AT...I share your thoughts on DUG. On the Daily, the ATR and the Bollinger Bands are compressing and the MACD appears to be bottoming and diverging. I think we drift back and form a base in the 23-25 area and then head up from there.<BR/><BR/>As I posted over on SOH, the fundamentals for the oil exploration/service companies are negative. Earnings are projected on $70+ oil prices, and despite what the pollyannas say, we ain't getting back there soon:<BR/><BR/>http://tinyurl.com/9unubp<BR/><BR/>We're going to draw Y-O-Y and quarterly comparisons against all-time record earnings for many of these companies. Operating costs are not coming down quickly, margins are getting squeezed, and new projects are being scrapped:<BR/><BR/>http://tinyurl.com/9wetwc<BR/>http://tinyurl.com/5ngy4e<BR/><BR/>Man, I look at the long-term weekly chart of XOM and see a beautiful topping pattern.WhipsawEdhttps://www.blogger.com/profile/09397888191856792170noreply@blogger.comtag:blogger.com,1999:blog-9067736168494850179.post-76934580626767563992008-12-27T14:11:00.000-05:002008-12-27T14:11:00.000-05:00Thx for sharing insights and comments with marked ...Thx for sharing insights and comments with marked charts. Also, I clicked an ad :-)Bob Brillhttps://www.blogger.com/profile/11475349461620730225noreply@blogger.comtag:blogger.com,1999:blog-9067736168494850179.post-2635880977087366392008-12-27T13:57:00.000-05:002008-12-27T13:57:00.000-05:00Also consider ERY, complete agreement w your analy...Also consider ERY, complete agreement w your analysis on CVX & XOM, a the weeklies are showing institutional distribution:<BR/><BR/>CVX-<BR/>http://stockcharts.com/h-sc/ui?s=CVX&p=W&yr=2&mn=0&dy=0&id=p61485247734&a=154515305<BR/><BR/>XOM-http://stockcharts.com/h-sc/ui?s=XOM&p=W&yr=3&mn=0&dy=0&id=p46400112134&a=154091377DFhttps://www.blogger.com/profile/03579250199883213182noreply@blogger.com