I have been taking profit on every dip and buying calls on (green) days following price perfectly. If oil continues to push higher I do not see it being contained in the 30's for much longer... I am currently net short Xom entry from 84.50... I still stand by my lower 80's PT.
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the bounce higher then the real drop should happen. after using the bottom 80s-78s as a launching pad.
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:-)
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This could be where I would be willing to enter again.
