Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
Tuesday, February 2, 2010
Profiting From The Oil Cycles: Next Low in 1 to 3 Weeks
Oil is trading in cycles of between 10 and 12 weeks. These can be easily seen on a weekly candle chart:
INO has a video showing exactly this today: Watch video. It also shows when to enter and to exit.
The average of the cycles is 11.5 weeks, we are currently in week 9.
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