Just Shorted Crude at 142.47

operating on the theory that crude was painted to 140 due to the EOQ.

130 next stop

 

if its only going to 150 ,who wants to buy 14o after a 40 point runup

 

Covered @ 130.05. Good night!!

 

beware oil bears

 

Only NON oil shorting pikers worry about hurricanes! :eek:



Still holding $147.75 (Sept) QM short positions looking for a first scale out target at $127.75.....

 

Not bad with the first part of your call. Now let's see about the second...

 

FL Pilot....what do you fly?

 

a guess: if the storm shows up on the media, we should see a short covering rally tomorrow.

after all it's friday, a pikers day off.

 

I am off everyday.....trading IS NOT work!

 

i dont have the bank book or stomach to trade crude..

I had a few trades busted back to me before the days of electronic and swore never again