Tuesday, June 16, 2015

Peak [XOM] update

Way back in June of 2014 I posted my second ever post on XOM and I entitled it "Peak Exxon?".

Since just 1 month after I posted that, XOM began a downhill slide that I think is ready to pick up pace rapidly.  It's possible that WC2 could just be A of 2 and now we are finished with B of 2.  We should know in a few days.  But in any case this should be falling over pretty hard into late July and into August as wave 3 down plays out.


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