CL Redux

Out 9765

 

most likely BS, does not mean we can't go higher

Good post Bighog

GM all

 

10:00am Fed Chairman Bernanke Testifies

 

I would add one note here to 'ticks per day' posts , If you have a 100% mechanical system backtested on 10 year intraday data with good risk/reward , such system can trade oil profitably

 

Brent is flying, WTI lagging as usual

 

<iframe title="YouTube video player" width="480" height="390" src="http://www.youtube.com/embed/nl5gBJGnaXs" frameborder="0" allowfullscreen></iframe>

 

Short 9860

 

fed's live tests':

http://cspan.org/Live-Video/C-SPAN3/

 

Do you guys trade Mr. CL when Bernake speaks? Seems like its not quite the volatility like during inventories.

 

Its a perfect sideway with possibility of an explosion to any side in a second based on his Q&A. To risky for me.