Sarah - That is quite a bounce. I guess the definition is all in the eye of the beholder and it would be interesting to backtrack oil pricing to those bounces. One person posted today that he was going to ride it out based on 20 more years before retirement and I might agree except it looks like oil is going lower. Those are calls we each have to make based on personal situations. I have made mine.
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On Thursday, February 11, 2016, 2:47 PM, sarah_oz@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:
I think the cat has hit and he forgot to bounce. I have been telling you for some time that I am G and F - I can't tell you what to do so I will stop short from doing so here.
If you look at the chart, you will see that the previous pattern was to hit a low, recover, push even lower, then push significantly higher. (Aug to Dec)
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Index&symb=dwcpf&x=50&y=8&time=8&startdate=1%2F4%2F1999&enddate=3%2F8%2F2011&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=3&maval=50+200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Posted by: Eric <mil.flyer@yahoo.com>
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