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Rally in DCR


Friday March 14th, 2008
Rally in DCR
by Mike Paulenoff www.MPTrader.com
Rally in DCR

By Mike Paulenoff, www.MPTrader.com

At the very least, my near-term work in the MACROshares Oil Down Tradeable Shares (AMEX: DCR) is warning me that the Jan-Mar decline from near 15.00 to 8.00 is complete, and that a recovery rally period has started that should carry to a minimum of 10.00/30. Only a resumption of weakness that violates 8.00 will invalidate my current outlook, which will imply that crude oil prices are roaring again.

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