Saturday, March 5, 2011

Oil again...95 was scarey but is 103 apparently ok...

how about $112 or $120...the bottom of the bullish flag is around $110 to $ overshoot would likely take us to $120ish...and with a high probability of a dramatic reversal.

Though these projections are indicated as an accellerated move on this chart, that is simply because the was not much space. It may take a while to move through these waves or it may happen really fast...but these are certainly some interesting points.
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