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Re: [RT] look at dcr



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Thanks for calling it to my attention.  I found this note when I went to a Yahoo blog.  It would appear that the 8 was violated so the rebound would find resistance in that area.  thx agn gerryb
 
At the very least, my near-term work in the MACROshares Oil Down Tradeable Shares (AMEX: DCR) is warning me that the Jan-Mar decline from near 15.00 to 8.00 is complete, and that a recovery rally period has started that should carry to a minimum of 10.00/30. Only a resumption of weakness that violates 8.00 will invalidate my current outlook, which will imply that crude oil prices are roaring again.
 
 
In a message dated 4/29/2008 10:46:26 P.M. Eastern Daylight Time, profitok@xxxxxxxxxxxxx writes:

 
----- Original Message -----
From: Ben
Sent: Tuesday, April 29, 2008 10:30 PM
Subject: [TimeandCycles] look at dcr

Since oil in 2-4 buss days is going to 110-111
 
DCR  is going to 6-8
 
best regards
Ben


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