29 March 2007

Ready To Run?


Setting up for a test of the lows here...oil giving back some of its' gains but looks like it wants to go higher.
Tensions with Iran seemingly just getting started as they are demanding Britain withdraw troops stationed in Iraq and refusing to release the taken sailors...it was just a matter of time before this type of "incident" occurred...
so it shouldn't be too surprising...
If the lows give here I'll be looking to take profits in the 1765-1768 level...
Equity longs face another hard decision on whether to hang around for markups on Friday or get ahead of the crowd in lightening up before a long headline watching weekend...jfg.

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