CL Redux

Discussion in 'Journals' started by schizo, Oct 9, 2009.

  1. lessons learnt thx.
     
    #14281     Jan 25, 2011
  2. NoDoji

    NoDoji

    Hey, it wasn't a "wrong price" at all and I think it was worth it, IMHO; you never know when you're going to catch one of those 100-tickers. I've seen them come out of the worst midday mush, too.
     
    #14282     Jan 25, 2011
  3. NoDoji

    NoDoji

    My broken crystal ball says that if this thing can't stage a decent rally off that fbo and it comes back to test it, that could be the real deal.
     
    #14283     Jan 25, 2011
  4. NoDoji

    NoDoji

    On a day that didn't look like this POS action, I'd be ready to long 86.62, but this is a mess.
     
    #14284     Jan 25, 2011
  5. FOMC announcement is tomorrow as well as inventory reports
     
    #14285     Jan 25, 2011
  6. NoDoji

    NoDoji

    Shorted .55 and stop to b/e right out of the gate, damn!
     
    #14286     Jan 25, 2011
  7. add one 86.45 , avg 86.57 ish
     
    #14287     Jan 25, 2011
  8. NoDoji

    NoDoji

    Out
     
    #14288     Jan 25, 2011
  9. inventory numbers are going to be build of 1.5+ mil
    a) as alaska fixed pipe line is pumping full steam
    b) lot of year end tax related held oil is coming in this JAN month ( as per Reuters).

    As I listed in my above news post , pretty bearish news for oil
    - India interest rate rise ( china did already in addition to tightening the bank reserve rate )
    - UK Q4 growth disappointment
    - Euro weakening against dollar
    - expected inventory build tomorrow
    - drop in Housing price data

     
    #14289     Jan 25, 2011
  10. NoDoji

    NoDoji

    sh .41 for the break
     
    #14290     Jan 25, 2011