Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. crude oil is near the bottom of a long term wedge

    i went long CL here, if crude bounces so will ES
     
    #12921     Dec 13, 2015
    i960 likes this.
  2. The wedge went wedgie.
    Sincerely, fellow sufferer
     
    #12922     Dec 14, 2015
  3. looks like Saudi will keep pumping until they see some serious BK, shakeout, defaults.. etc in the US shale/deep water drilling industry.

    surprised no real consolidation there has happened yet? I think thats what everyone is waiting for at this point....including crude traders, crude prices, opec members, bond market...

    similar in the UK with miners....market looking for consolidation/shakeouts to finally take place

    this all may hang over the markets for a while
     
    Last edited: Dec 14, 2015
    #12923     Dec 14, 2015
  4. Whee! :)
    PS: Memo to self; Stop these bottom fishing
     
    #12924     Dec 14, 2015
  5. that's all noise

    some short covering is going to happen soon, it's not going to just fall straight into 20s
     
    #12925     Dec 14, 2015
    i960 likes this.
  6. romik

    romik

    Key support on Naz now, which won't hold IMO
     
    #12926     Dec 14, 2015
  7. this is the intermediate bottom for oil and for ES heading into fomc

    BTFD!
     
    #12927     Dec 14, 2015
  8. Visaria

    Visaria

    bot march dow @ 17280, hard stop 300 points
     
    #12928     Dec 14, 2015
  9. Visaria

    Visaria

    looks to me as if in a range and currently nr bottom of that range. rate hike imminent....if not done, market will crash 5-10%.
     
    #12929     Dec 14, 2015
  10. romik

    romik

    How is the rate hike positive for equities?
     
    #12930     Dec 14, 2015