The chart shows the Crude Oil price over the last 6 years. I sold short at $74 on Friday on the basis of the big formation double-top and the recent 50% retracement from $69 to $74 after the drop from $79. Over a 3 day weekend there's more potential for a price gap in either direction, so I'm happy with a guaranteed stop-loss equivalent to an out of the money call. The crux is the cost of that call..heh,heh,heh.
