Friday Update. Selling Opportunity!

OSEBX- Trading at DDHigh 229,5. Risk reward BDD 219,5 DDLow 209,5 (-4,34%/-8,75%), gives a very good short term selling opportunity! OSEBX vs Nymex (Fabruary):
Nymex January 2010 vs February 2009: As you can see of the chart, the end of the forward curve (2010) has outperformed spot by almost 30% , since the start of November. Given that, one of the favorite trades in the market has been bying spot, take delivery, and then sell the forward curve longer out. ( For those with storage capazity ) Because of this, I think we will see big volatility in the forward curve, as the participants seek maximum profit, and also get greedy with their physical oil. With this taken into consideration, I see further downside. There is simply to much oil out there!

Thursday Update. Selling Opportunity!

OSEBX- Trading above BDD 219,5. Awaiting BDD to be broken on the downside. DDHigh 229 appears as the short term resistance level, BDD as the short term support level. With the risk reward of (+2%/-6%), It is time to sell some stocks, or buy some OBXBears, at these levels.DJI- On its way to rescent lows? Target= DDLow 7567
Active Trades: LONG TMT Tech Basket U.S (-12,23%) LONG LCAPA (+75,37%) SHORT SDRL (-2,48%) SHORT REC ( -6,42% ) LONG Xcact BEAR (-25,60%) LONG DUG X (-1,99%)............................... Active Trades P/L: (+26,66%) Executed Trades P/L: (+243,42 %) Total P/L: (+270,08%)Terminology: My Dynamic Theory

Tuesday Update. Bears taking over!

OSEBX- Trading close to BDD 219,5. Awaiting BDD to be broken on the downside. Short term risk reward: DDLow=209,5 (-6,5%) DDHigh=229,3 (+2%)

Monday Update. Bearish outlook.

DJI- At the moment trading belove BDD 8575, wich is the most significant long term support/resistance level at DJI. Next long term support level is DDLow=7564 (-12%). Risk reward calculation gives risk reward (+5,37%/-12%):Active Trades: LONG TMT Tech Basket U.S (-9,27%) LONG LCAPA (+114,18%) SHORT SDRL (-10,65%) SHORT REC ( -16,71% ) LONG Xcact BEAR (-31,55%) LONG DUG X (-7,78%)......................... Active Trades P/L: (+38,22%) Executed Trades P/L: (+243,42 %) Total P/L: (+281,64%)Terminology: My Dynamic Theory