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Nov
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Middle East heats up more http://www.newsweek.com/saudi-arabia-ally-bahrain-iran-terrorism-behind-explosion-oil-pipeline-708931
November 12th, 2017 at 12:36 amThe ZEB Positions page is updated
http://zmansenergybrain.com/subscriber-data/holdings-wiki/
Interesting resilience in the group in the face of profit taking opportunities. Feels like new money coming in.
November 13th, 2017 at 9:52 amHere, going through post quarter cheat sheet and group updates, shout if you need something, group greening at the first chance off the morning dip.
November 13th, 2017 at 10:03 amMTDR attempting new all time high this week, see weekly and monthly charts.
November 13th, 2017 at 10:23 amBruce Fraser teaches technical analysis at Golden Gate Univ. in San Francisco. Specifically, he teaches the Wycoff method of charting, which in laymans terms seeks to profit from powerful trend changes. He wrote in his blog this past week very bullish long-term views on WTI. He publishes that blog for stockcharts.com.
He had two Point and Figure counts. One with a price objective of $63. The other over $90.
My take is that oil should trend for a while and command a higher average price than people think. Especially the guys that publish oil price targets for Firms. They are too low