1. Alexandru Popovici

    Crude oil to drop to 45 before resuming higher.
    in the meantime, I’m standing by to buy oil plays REN and ERF, as well as regular stocks that I dumped a couple of weeks ago, such as GIMO, QCOM, BCOV, NWL, MASI and BEAT

    1. Alexandru Popovici

      SDRL makes a very compelling oil drilling play too; let’s just see price action off the Q2 earnings rep release tomorrow –> right in time for stocks to print their DCL and oil to hit 45

      1. Terpsfan78

        Hey Alex….I see the spy finally dipped below 80 on the daily stoch (30,5) today….it looks like a replay of early November….u think we get a swing high on Friday or Monday before a ramp up again…..the vxx looks ready to explode…needs to catch up with $vix

  2. Alexandru Popovici

    …and here the sweet WTI down goes. At the time I made the former post here at 7.29AM, before oil inventory rep, it stood above 47.50

  3. Alexandru Popovici

    Hello, dear victor!
    actually I think 45 will be hit on Friday morning, during Asian trading.

  4. Alexandru Popovici

    Miners to start a several-day dead cat bounce tomorrow before completing its correction 4 weeks from now

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