CL Redux

managed to get out at breakeven. ok, no more playing with fire.

 

Was stopped out at 9935 and reversed, now long.

 

If it broke $100, where could it go??? $105?

 

$103 would've been my guess. but much kudos to IV for adding to short at 99.70. that was a big ballz move in my books.

 

out 99.25

 

this is kind of cool ES down oil up DX up oil up. I'm confused but happy at the same time. November is a great time for relationships to break up.

 

Previously shorted oil at $99 a couple of days back. Added to those shorts just now at $100.60 in JAN12

 

was long from 99.32 to 99.6
dumb

looking to short 101.3ish

 

Added to my longs (9960) at $100.1 and and at $100.44.

Looking for $105.

Clearly something has occurred such that there is this divergence between oil and ES.

edit still have longs at 9935

 

Yep its called classic distribution