On Dec 30 Lumber closed at 745.00 on support, and I said it had to hold or watch out below as this could be "the top". Now down 69 points in 3 days, and down the limit today. Bulls should have taken profits. The charts are your friend.
On Dec 30 Lumber closed at 745.00 on support, and I said it had to hold or watch out below as this could be "the top". Now down 69 points in 3 days, and down the limit today. Bulls should have taken profits. The charts are your friend.
BPT a high risk speculative play in the energy sector that can pay off big. It pulled back to support and may be back on the up move.
XOP broke it's down trend line 2 months ago and rose 50% since then. Long term we are just getting started in this bull market. Safe liquid play with lots of upside.