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FWIW,
Here is an updated spread chart, that is now indicating this retracement has
gone too deep (meaning at best a double top and/or a failed 5th wave =
meaning wave 5 never happens and the whole thing gets relabel a big ABC). I
am not sure how this would effect CHV based on the discussion on the
industry?
don ewers
----- Original Message -----
From: <onwingsofeagles@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, June 05, 2001 7:19 PM
Subject: [RT] CHV, Refinery margins etc
> Regarding the comment from Norm about refinery margins being more
> important to CHV versus the absolute price of gasoline etc/ and Don's
> attempt at the charting of this spread...
>
> Here's some more info on all that:
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