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Greetings Fellow Well Cappers!
Let me tell you a story about a man name Jed. An old mountaineer trying to
keep his family feed. So then one day he was out shootin for some food, and
out from the ground came a bucket of crude..oil that is. Black Gold, Texas
tea.
So the next thing we know old Jed's an Fdate trader. While sitting in a
restraunt he's waiting for the waiter. With charts covering his table and
his his plate of black eye peas, he's looking at the numbers that came from
his TTC.
...... And these be the numbers old Jed be looking at.
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(FIB) Inverted V Formation - Nov Crude Oil on 9/30
Target Date: 9-30
Formation Dates : 8-8 8-14 8-25
Formation Prices : 19.87 20.73 19.31
Target Date Levels: L1-19.00 L2-19.79 L3-20.59
L4-21.58 L5-23.21 L6-27.61
Fib Range Levels : 19.85 20.02 20.19 20.39
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(FIB) Inverted V Formation - Nov Crude Oil on 9/30
Target Date: 9-30
Formation Dates : 7-18 8-5 8-8
Formation Prices : 19.49 21 19.8
Target Date Levels: L1-21.61 L2-22.32 L3-22.93
L4-23.57 L5-24.41 L6-25.91
Fib Range Levels : 20.26 20.40 20.54 20.72
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Now back in his big house in the city of Beverly, he's looking at the prices
which have moved up higher than the eye can see. He sees the high today was
21.54, and since he owns the oil he knows that he won't be poor.
But knowing what's at stake, he sees TTC resistance at 21.58! And if that
ain't no fun, he sees the other calc with 21.61!
So knowing he must act and listening to all his hillbilly friends, he sold
out all his oil and bought tons of Racoon skins.
The End.
cheers!
:)
rick
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