DLS bulls are coming soon?, page-15

Ceochair
Yes I was referring to Wti. Same Same as both Brent and WTI failed to get through resistance and stay there. I actual think it will cross through but when it fails it usually consolidates slightly below before the next run , so perhaps a pull back next week is the time to accumulate
Having said that I am not convinced at all the market rally is sustainable and this one has to be wary of that because even if fundamentals improve prices can still be pushed down ( PE contraction )

The truth be said I have taken profits on BPT, lightened DLS and will do the same with SXY so I have scope to buy back in Lower or sit out for months or years. Last time I traded DLS was almost a year ago , entered in the low 70s and exited in the 80s . Hadn't traded BPT for a few years (2-3) so I am happy with what the CB stocks have once again delivered and I wouldn't mind if they go up further and I am not holding. The truth be said if not for my concern around the market I would have entered DLS in the high 60s but I kept forcing myself to lower the entry , until I finally pulled the trigger repetitively from 52-47. So this time fear was my friend .

I seem to have s group of stocks that was some reason to date always provide successful trades, BPT , COE and DLS , PDN , GRR, I have taken a position in PDN with BPT funds on Friday at 19.5. Again not the safe stock the CB stocks are but I sense a U break out soon and if it happens U exposure is very limited. Iike oil stocks , this has good level shorting so I am thinking( could be very wrong ) that BPT 61-90 will be harder than PDN 19.5 to 28