monday, page-7

I have been watching WPL following STMTS's recommendation..
Some things never change.....the majority of people will always buy an instrument once a move is obvious and generally miss the best part of a move or worse still buy right at the top or sell at the bottom whatever the case may be..

oil is a classic example.....

$37 a barrel and most producers cutting production..it's a no brainer that prices will rise.

I also watched a presentation by someone on CNN ( i can't recall his name sorry) who described the oil situation very clearly. He said that the fall in price is not due to over supply and that when production is cut it will result in a scarcity that will drive the price up very fast..

Sorry about the vague reference but I thought it was a ..
point well worth looking at..

We seem to be living in a world of knee jerk reactions that go too far one way and spring back violently the opposite very quickly...

Very profitable if you can recognize it...