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Re: [RT] Crude yes !



I'll go on record based on my background that includes 20 years as senior executive management in the oil exploration and development business that we will not be seeing $160 oil within the next 12 months.

Lets see if fundamentals or technical analysis carries the day.

Boater805

At 12:45 AM 8/11/2008, you wrote:

May be some new developments during weekend,posting 2 urls below.
http://europebusines.blogspot.com/2008/08/massive-us-naval-armada-heads-for-iran.html
 
http://www.kuwaittimes.net/read_news.php?newsid=MTAxNzA0MDM1Ng==

--- On Fri, 8/8/08, tpmods <tpmods@xxxxxxxxx> wrote:
From: tpmods <tpmods@xxxxxxxxx>
Subject: [RT] Crude yes !
To: realtraders@xxxxxxxxxxxxxxx
Date: Friday, August 8, 2008, 11:28 AM

Honestly let me say that most of calls from members (including me)
posted here gone wrong but seeing the chart right now I have decided
to go long in it.Elliot wave long term projection still at 160 and we
are rt now in wave 4 which will end soon,wave 5 long term still
projects 160.
While posting this I am quite aware of strong $ and weak demands but
let's go as per Tech analysis,what say?



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