John Pseudonym

Crude Sell-off: Solid Entry Point into U.S. Oil Majors

OMG! Just looked at the COP chart and it is a screaming sell!

The top has passed. Sell now. Good chance of $60 a share over the next few months.

That chart just screams major top in place. If you want to trade it, short term in/out is the only way to go.

Crude Sell-off: Solid Entry Point into U.S. Oil Majors

When every site I hit said gold was going to $2000 an ounce, I knew it was over.

Go with the crowds folks; get in, make money and get out before it's over.

Crowds don't think rationally, so don't argue with them...just go along and make as much as possible.

Why I'm Not Buying Oil's Recent 'Correction'

The oil chart went vertical and it's time for the price to come down; possibly a bunch...

After a short washout in price, the bull run in oil will begin again as the new "lower price" will increase demand as all those SUV's come off the blocks and back onto the road.

Barron's Banks on $100 Oil

Oil is in a bull market for the long haul. The charts suggest we have gotten ahead of ourselves, so a pullback is to be expected.

Over the long term of 5 to 10 years the price of oil will continue to rise. there will be up and downs, but if you buy the big dips you will make a fortune.