CL Redux

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

  1. If we get up to and hold over 7500 before 1030 this thing should run
     
    #1511     Jan 27, 2010
  2. Wish I shorted coffee :mad:
     
    #1512     Jan 27, 2010
  3. I do believe CL is going to eventually kill me. Is that possible?



    I am long until and unless this thing breaks 73.50.
     
    #1513     Jan 27, 2010
  4. Yea, me too
    im still long, buy stop 7491
     
    #1514     Jan 27, 2010
  5. Ok i lied. I couldn't pass up getting out at even on that bounce.

    Buy order in for 73.98 if it drops that low again.
     
    #1515     Jan 27, 2010
  6. usman88

    usman88

    We should see a drop towards 73.00 by 12:00pm EST
     
    #1516     Jan 27, 2010
  7. owusu

    owusu


    I hope you're right
     
    #1517     Jan 27, 2010
  8. Accumulation has been occuring below 74.00 everytime we have traded below it. Unless the accumulated longs bail, this thing looks like it could rocket on up.

    Just started watching the QMs a couple weeks ago so lets see what happens.
     
    #1518     Jan 27, 2010
  9. owusu

    owusu

    Usman, you should start covering your shorts, I don't think it will drop, it looks like its heading higher.
     
    #1519     Jan 27, 2010
  10. usman88

    usman88

    Profit Taking rather than accumulation took place below 74.00. Consolidation here was a given and any direction market has to take will place max by tomorrow and most probably today
     
    #1520     Jan 27, 2010