Crude is screwed, man.

Discussion in 'Commodity Futures' started by Overnight, Feb 26, 2017.

  1. Buy1Sell2

    Buy1Sell2

    Pricing is currently 49.10 this evening.
     
    #171     Mar 15, 2017
  2. Overnight

    Overnight


    Ahh, I see the confusion. It is when I typed this...

    "Hasn't been a good business-day trading week for the CL bulls. Hmm."

    I see how that can be confused with "daytrading". What I meant was, that the past week of trading, in terms of business days, had not been good for the bulls. The previous trading week, comprised of business days, had not been good. I was referring to the period from March 7th to yesterday, March 14th. It is a trading week, in business days.

    That was all my fault, I worded badly my intent. A calendar week is not the same as a trading week, so I used "business-days" as a way to mean a trading week. I see my mistake there. I will endeavor to be more clear next time.

    I just love using hyphens. :-\
     
    #172     Mar 15, 2017
  3. I saw this a week or so ago on TWITTER from Javier Blas.

    Not only is the U.S. exporting crude oil, but that means less oil to be purchased from overseas.......and......if we are selling overseas, then that means the traditional sellers like the Middle East, Indonesia, Venezuela, Mexico, Russia are losing market share.

    [​IMG]
     
    #173     Mar 15, 2017
  4. Buy1Sell2

    Buy1Sell2

    Staying long here
     
    #174     Mar 16, 2017



  5. [​IMG]
     
    #175     Mar 16, 2017
  6. Buy1Sell2

    Buy1Sell2

    Right now I am interested in being long. This information means nothing to me.
     
    #176     Mar 16, 2017
  7. Are you buying futures on XOM etc...or oil contracts?
     
    #177     Mar 16, 2017
  8. Buy1Sell2

    Buy1Sell2

    futures
     
    #178     Mar 17, 2017
  9. ??

     
    #179     Mar 19, 2017
  10. Buy1Sell2

    Buy1Sell2

    I am definitely interested in continuing long here.
     
    #180     Mar 20, 2017