Tuesday, March 15, 2011

Followup SCO

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RAISE STOP TO $48
From here on out suggest holders of SCO use a trailing STOP on positions (eg $1). For now oil is selling off on expected lower demand from Japan and a stronger dollar. However, ITZ sees a reversal coming soon as,  and eventually that Japan will need diesel fuel for its electrical needs and we may see further uprising and unrest in Middle East. Stay tuned...

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