After putting in a Double Top, Crude Oil ($WTIC) is now down in my targeted range of $64. It could go lower just to anger traders, possibly to it's 200-ma. But my observations indicates that those looking to enter energy/oil to start accumulating now. One of my long time favs in the energy sector has been Murphy Oil (MUR). They are set to report Q@, 2009 earning next month (August 6), my upside target is $70 or about a +40% gain. *Click on chart to enlarge image
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