Friday, December 01, 2006

 

Closing Comments

Towards the end of the trading session, the dip buyers weighed into the sellers hard-- forcing the fuckers to scramble and cover their shorts. I must say, I was thoroughly impressed with the rally.

Again, I remain uber bullish on oil and feel the price per barrel will eclipse $70, by years end.

All in all, I had a tough week-- down 1.5%. However, I feel confident my overweight oil positions will make up the difference next week.

NOTE: Over the weekend, I will run some screens to help identify some good "dip-buying" opportunities.

Have a great fucking weekend.

Comments:
Broker, Thoughts on SMDI?
 
Sold it today.

It seems sluggish.
 
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