Nickname: Wes

Review: Very good job pointing out the reasonable possibility that 1246 was the bottom. I verified the observation after reading your article and actually traded it at that level. It was the bottom. Good job. I look forward to more observations.

Date reviewed: May 28, 2006 5:35 AM

Nickname: Lar

Review: "We believe there is still a chance for one more move to the upside, we think the chances are high that oil has entered an intermediate-term correction. We see the possibility of a downside break to the $60 to $63 range and target the late June period for a bottom. The 90-day cycle low is due to bottom out towards the latter part of June." -- I do not believe summer price patterns support this contention. I don't believe we will see $63 until November (if then). In the meantime, any international crises, or a devastating hurricane, could drive prices to the $90 level.

Date reviewed: May 17, 2006 3:18 AM