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North American Energy Partners Inc. Message Board

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  • i need an hour to figure it out.

    As of now, silver went past my silver $29.84 to 29.66 and is trying to figure out whether it should turn or not

    Same for oil, it went past my $81.40 to $81.21 and is trying to figure it out.


    the dollar has reversed after three down days .

    • Ok, silver seems to have turned and although it went a full 34 cents past $29.84 I'll take that to be within tolerances, since on the hour it closed at $29.86. It was close though. I think it makes its way back up to $33.35 with caution in last paragraph.

      Although oil went past my $81.46 target by 34 cents, it closed on the hour at $81.39. It was also close to puking too. as i write it and copper broke lower, they need to get back to the price I gave by close.

      Copper fell to a target I had too, but I didn't publish.

      Although all of these things were bullish, the dollar seems to have reversed and this is a strong factor that weighs against holding overnight for me. I can't give any guidance on holding overnight because these are dangerous times.

      Something I find constructive though is that where most commo's in my window were flat for the day, the ones I consider defensive plays were down the most ie Potash. This suggests to me, people rotated out of defensive into 'some" equities.

      no guarantess in life, except death.

6.630.00(0.00%)Aug 21 4:04 PMEDT

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