Oil

Wow missed this HUGE move on Oil. New two year highs on the trouble in Libya.
Wont happen today but I will be looking at S&P 1303 for a long to hold

Tuesday morning

Seem like we will start the week on a huge gap down. All the previous gaps have been buy able but I would wait for a confirmation of a 10am high.

Bullish action

I still think we get a pullback but we in a bullish tone and I will be getting on for the ride up to the .786 fib (1382) area. Now I am getting some more concrete time frame analysis projections in April and June so I expect us to hit that number somewhere around those two months.

Have a great weekend- Mine will be extremely busy.

WHY

Why do folks believe they need to trade constantly? You don't have to be on pins and needles everyday looking for trades, trades will come to you. you can't force the market hands it will do what it wants, even if you have a 100Million portfolio that is just a speckle of sand to the real monies in the market.
Don't watch your account daily relax! stop staring at screens! I am telling you this 1999/2000 will never come back so stop thinking you bought a stock for $20 and tomorrow it will be $40.

Oil

Still thinking Oil has a bit lower to go before I take it long- Waiting patiently

Narrow range

Notice the narrow ranges of the last few days. Seem like a rest before a move, consolidation.

Opening

a bit of weakness off the open- we will see how we bracket the first hour