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Post by The Goose on Sept 1, 2008 9:35:55 GMT -5
OK, Looks like Gustav is a bust. Even if it does damage, it won't be as bad as they thought. People are in New Orleans right now and it doesn't look that bad.
Oil was down to 110.5 today! That is near our target. Start taking some profits tomorrow if you have shorted this since I've mentioned it. When it's down huge, take profits. There could be a bounce back short term. If it goes to near 100/barrel, sell more. (maybe at 102?)
Congrats and good luck!!
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Post by The Goose on Sept 2, 2008 7:47:12 GMT -5
WOW! Oil is now down to 107s!!! TAKE SOME PROFITS!!!!
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Post by The Goose on Sept 2, 2008 9:37:24 GMT -5
I took some profits this morning. Glad I did. Oil bouncing back a bit.
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