tomorrow, page-8

I have come to the conclusion that all the world's economic problems of the last year are derived from the price of oil. everything thing else is secondary.

eg rising oil price = inflation= interest rate rises= subprime crisis.

I do hear what you are saying bacchus and POO is coming off the boil tonight. Night before last we saw oil down to 131...only $1 above the 50% retrace line. last night i expected POO to tick down and touch 130 before taking off. But it didn't...it just took off. Anything could happen tonight but i would also not be surprised to see it hit 130 tonight and bounce again.

i am really enjoying this TA stuff. Fascinating it is.