Long Oil at Open

Nope, but kept me cautious on taking any long equities trades today. Nice call.

 

NYMEX crude popped pretty well but a key resistance level is approaching - the price run up was fear induced IMO and I cannot convince my self that it is sustainable...

I'm actually seeing a possible head'n'shoulders formation on the daily.

 

Kin,

good call. keep 'em coming.

OT: all these natural disasters remind me of the movie, The Day After Tomorrow.

 

Missed the move but I filled up the car and the lawnmower.

 

I didn't buy the open, but was long within an hour or so. Nice trade, TheKin and all else who joined.

Good trading!

Mike