CL Journal

60!

 

Nothing like a middle-east pipeline explosion to stir things up. (And did anyone see HO today? Sheesh.)

 

Since you have taken the initiative to start a public journal several months ago, in May, what is the net outcome of your trading in CL since then?

 

Great first step. I am looking much higher.

 

We may have some resistance in the 62 area, and I will do a review of long bias there.

 

60.47 currently. Staying long both oil and oil stocks.

 

Just curious. What is the intended purpose of your journal? Attention? Instruction? An effort to keep yourself disciplined and honest?

 

It is beneficial to myself and to readers to exhibit a documented approach to winning and losing.

 

Fair enough. Perhaps all the more reason to keep a running total of the net performance, wouldn't you say? For the benefit of all concerned.

 

Last print 61.36. Staying long here.