oil bottomed?, page-20

Hi Sharks and MADmen,

I would expect MAD to be up possibly as much as 10% on Monday morning.

I'm thinking dangerous ground is what appears as the double top of just over $1.40 back in April.

IMO oil has certainly NOT BOTTOMED (as in $78 being the lowest for 2012), and as I stay consistent with my previous posts. Selective pruning on the portfolio this coming week for me I think.

Thoughts on MAD have not changed. Its moat isn't in any danger of being drained.

A very good (and wealthy) friend of mine once said "Luck, timing and skill in that order". Many of us spend a huge amount of time on our "Skill" but refuse to acknowledge "Luck" and "Timing". Figure out whether or not what was presented over the weekend with world markets. Did you open long position at a good time. Better still have you taken a profit?

The "you" I refer to above is me - self assessing.