Monday, December 6, 2010

12-06 OIL topping soon

Looks like we should get first sell signals by mid-week and multiple sell signals by first of next week.  You know the play?  Buy DTO maybe.

See for yourself:




Here is an updated chart (as expected all the sell signals are lined up).




3 comments:

  1. looking at DAL, no position yet, will add DTO to watch list. thanks inlet.

    ReplyDelete
  2. Looked at Dal and at this time no clarity on what it should do. I expect lower oil prices is good for it.

    ReplyDelete
  3. inlet,

    great call on the oil here. thanks,
    S.

    ReplyDelete