CL Redux

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

  1. long 104.28
     
    #18721     Mar 30, 2011
  2. rt5909

    rt5909

    Target of 104.00, stop now @ 104.42...either way I'm out with a profit and net +

    ADD: stop hit but +40 on the trade, probably just a spike into the pit close...probably set it way too close
     
    #18722     Mar 30, 2011
  3. out b/e
     
    #18723     Mar 30, 2011
  4. EON Kid

    EON Kid

    nicely anticipated
     
    #18724     Mar 30, 2011
  5. BCE

    BCE

    Nice trades. You should maybe move your stop lower.

    ADD I see it was hit. But nice trades.
     
    #18725     Mar 30, 2011
  6. schizo

    schizo

    Trading now at 104.20-ish. Time to roll out the red carpet or bring out the hatchet? I reckon some of you have been grinding your ax for a long time. :eek:
     
    #18726     Mar 30, 2011
  7. I do not trade CL, but would like to monitor some trades I see being placed here. I us Ninjatrader through AMP futures. I am not able to get CL data for some reason. Any suggestions?
     
    #18727     Mar 30, 2011
  8. Nevermind, got it.
     
    #18728     Mar 30, 2011
  9. good in-depth analysis on Syria
    --
    <b>Why the winds of change won't blow through Syria</b>

    http://globalpublicsquare.blogs.cnn.com/2011/03/29/5-things-to-know-about-unrest-in-syria/

    The following five points come from a phone interview with Joshua Landis, author of the blog Syria Comment and the director of the Center for Middle East Studies at the University of Oklahoma.

    1. The winds of change that have been blowing through the Middle East are likely to stall in Syria.
    - “The government of Bashar al-Assad has clearly gained the upper hand. The opposition movement and protests, which reached their apex on Friday, seem unable to gain traction in the [urban] cities or to move out of [rural] Daraa in the south. The real story of the last few days is that Bashar al-Assad has been able to isolate this movement in the countryside.”

    2. The key to a successful revolution is splitting Syria’s elites.
    - “[Syria’s elite comprises] the Alawite officer class of the security forces and the great Sunni merchant and industrial families who preside over the economy [and] Syria’s moral and cultural universe. If those elites stick together, it is difficult to envisage widespread but scattered revolts overturning the regime. The cohesion of those elites is a question of social class as much as it is of confession. The Sunni merchant elite stood by al-Assad’s father in 1982 when the Muslim Brotherhood threatened to rip Syria apart. It allowed al-Assad to smash the Brotherhood. Their businesses are completely tied to stability and safety. And that has been the slogan of the regime for the last 30 years – security and stability.”

    3. By being centered in Daraa, the uprising may have limited its appeal.
    - “Daraa is poor, and the population is religiously conservative. It’s hard for Sunni merchants to make common cause with them. The dusty border city - marked by tribal loyalties, poverty and Islamic conservatism - may inspire Syria’s rural masses who suffer from poverty, a prolonged drought and joblessness. But mass demonstrations there have frightened Syria’s urban elites. Even those who share anger at repressions and hope for liberation still fear the poor and the threat of disorder.”

    4. People are genuinely anxious about the future of Syria. They don’t want to be like Iraq or Lebanon.
    - “If Syria could be like Egypt, people would choose it. Of course the Sunni urban merchants feel the indignity of the lack of political freedoms. They are sick and tired of the regime’s corruption, the slow pace of reform - all of these complaints are universal in Syria. But the problem is that in order to change the regime, you would need a heavy dose of violence, which they do not want.
    “Syria is more like Iraq than Egypt. In Egypt, the military could turn its back on the leader, claiming solidarity with the people. In Syria, it will not happen because military leadership is drawn from the Alawites. Notice that unlike in Libya, there have been no defections from the government. There have been no resignations from foreign ministries. In fact, many important imams have come out to speak in favor of Bashar al-Assad and in favor of calm and stability. It’s a choice between dictatorship and civil war.”


    5. What al-Assad says tomorrow at 4 a.m. ET is likely to disappoint the opposition and those in the West.
    - “Anything less than his resignation within two years is going to disappoint many people, and he is not going to do that. My hunch is that al-Assad will offer superficial reform. Lifting the emergency law, which will be welcome to everybody, may not in the end mean that much because there are other laws in the books allowing police and intelligence forces to behave in ways that aren’t acceptable, to trample on individual rights.”
     
    #18729     Mar 30, 2011
  10. #18730     Mar 30, 2011