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RE: [RT] crude- clu5

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It is often that which we simply cannot imagine that is the most costly to us . . . .
 
Regards,
 
Bob

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of mr.ira
Sent: Tuesday, August 30, 2005 11:37 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] crude- clu5

Another onslaught on the $70 level.  The funny thing is that the internals are far weaker then price currently indicates.  A couple of brokerage firms are calling for crude to reach $100.  That is usually the kiss of death.  In the past hey have also called for gold at $1000 and beans in the mid teens.  It seems to be a CYA scenario for them.  Right now I can't see much above this target area of $70+/- and the $73 is still holding as the highest target I currently have. 
----- Original Message -----
From: mr.ira
Sent: Sunday, August 28, 2005 11:20 PM
Subject: Re: [RT] crude- clu5

Well 70 hit this week end at multiple targets.  I would assume a retracement from here.  I have only one number higher then this at this time and that is $73.  I would be very surprised if price got there on this run.  I have been wrong before. 
 
Good trading,  Ira.  
----- Original Message -----
From: mr.ira
Sent: Friday, August 19, 2005 11:29 AM
Subject: Re: [RT] crude- clu5

Well,  66 did act as resistance and a retracement did occur.  Now let us see if price will reach 70.  If long, I would look to be a seller into this rally.
----- Original Message -----
From: mr.ira
Sent: Thursday, August 11, 2005 3:23 PM
Subject: [RT] crude- clu5

   Look for a retracement from here, 66+/-.  70 +/- still the target.


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