i buy some cl a minute ago. using the box step notion, that is, retesting the previous box high. i know what you say about this one...i be real careful...
kc in a volatility band here. probably will scrub it off by rushing up and down instead of in one direction. the one week broke-back and then reenter previous pattern means nothing-doing to the direction of the break near-term. that is, the downside, to me, is limited right now.
do you see the ST rates as still in the rise pattern from the '04 low and the lower rates we've seen as just a correction within that pattern? I watching ED. i notice this reaction is not common and wondered what you thought.thanks.
icd