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Author Topic: after OPEC meeting. OIL STOCKS PLUNGE
ththf
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It will surge a little, then big plunge down.

Take care, if you hold oil stocks.

But for long term, they are still a long term holding.
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ththf
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I sold all my longs and short position.

I don't want to play game ahead of OE .
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ththf
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I guess market will bounce to 2040-2045 before OE day, according to moving avergae. But it may depend on other related political and economic data also.
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ththf
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http://bigcharts.marketwatch.com/charts/big.chart?symb=comp&compidx=aaaaa%3A0&ma=4&maval=67&uf=0&lf=268435456&lf2=32&lf3=4&type=4&size=2&state=11&sid=3291&style=350&time=7&freq=1&c omp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=326&mocktick=1

the surport line at 2037 is moving slowly up. So I had to take cautious. It's not so easily to be broken
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