About this blog

This blog was started as a whirlwind. So these objectives are laid out on the top as a reminder to me and for you to remind me. These objectives will change accordingly. Do praise or criticize me for keeping to my plan or deviating from it. This is the start of accountability to my plan.

There are Twitter updates, if you are my friend please identify yourself when you add to your follow list.

Long term objectives
1. To be financially independent so that I can free my time in devoting to God and Family.
2. Money is for memories. I want to take my Family to Disneyland in 2014. I want my daughters to remember this for life. I can also take this to my grave.
3. Trading as a vehicle to secure my daughters' future education requirement.
4. Continued learning/evolution of myself and the markets.
5. This is not for fun, it is a means for an end. Be very ruthless!

Friday, September 11, 2009

Interesting action on CL, Sweet Light Crude

0326h EST Just the start of the day, it made an 88.6% retrace and headed for the 61.8% extension. Bounced a little after that and down again to the 161.8% extension. After that it rockets to the 78.6% retrace of the whole move.

I am seeing this quite often on CL.

No comments:

Post a Comment