Pretty Funny Oil is a hair under 90. I get profit taking !! Who ever thought I will take some profit. Or I will get out now because it's only going lower.
Than sat back and watched it only to trim back and you just lost the best position of your life. !!
If the fundamentals are still the same , and oil is at 90 dollars essentially. With earnings coming that are expected to be good , than I agree if your not over weight already. Or your if your not tapped than this is a nice little pull back. Didn't National just give us a 16.50 target last week. Most are 12.
I must admit I don't like to see days like today. So o type these messages to remind myself as much as anything. The API numbers are released later ? Who knows !
Hope your all good !!
Craig