Wednesday, January 03, 2007

OIH Vey!

The oil servies complex is getting smoked, breaking key support. With exceptionally mile weather in the NE of the US, crude looks vulnerable as well. Macro Man therefore will eat his losses and sell his OIH position at 135.50.

2 comments:

Anonymous said...

Mr Macro,

we have been huge beneficiaries of the knowledge that is being shared in this blog on trading in FX etc.

Could you pls attempt at a "general post" ..say GOLDEN RULES OF TRADING etc based on your experience ?

Cheers
Dr. Dan

Macro Man said...

I will try to knock something up in the future...for the time being, I need to concentrate on getting my P/L (both professional and blog) back in shape!