Thank goodness for my Valero rule, it saves me from many bad energy trades. It is highly volotile and tends to lead the rest of the energy market one way or another. I was wating for a cross and it never did and now the oils are recovering a bit.
That may change any second as Oil trading is more dangerous than Google trading…. Ouch with Google! Damn, option is down to $6.80 but I think $390.35 is as low as it will go. That was a huge volume move trying to trip stops, possibly prior to the move up we’ve been waiting for.
Europeans brought this stock up $5 this morning and the American traders hate to leave them with a bargain but they sure will try to steal your shares! Still they can have mine below $390.35, that’s all the pain I can take. I should have taken my own advice and waited out the short. Another example of do as I say, not as I do!
