Oil is down sharpley any reason !!!!~!

Discussion in 'Commodity Futures' started by ksonsinc, Sep 6, 2006.

  1. syrre

    syrre

    Are they related to the Plunge Protection Team? :D
     
    #31     Sep 8, 2006
  2. I thought they were one and the same:D
    Seriously, this is a small time move,
    check a weekly chart for projections.
    Intra day guy's panic easy.
    So, stop panicking
    :)
     
    #32     Sep 8, 2006
  3. I suspect price change is about two days ahead of the news. Maybe there is some kind of peace agreement between Israel and Lebanon.
     
    #33     Sep 8, 2006
  4. If your right, that would place this news squarely enough in the weekend.
    The agreement you speak of, would be nice news.
    Worth about a fistfull of wet toilet paper, but nice none-the less.



    Sounds to me, like to many specs jumped long, a little to early.
    :p
     
    #34     Sep 8, 2006
  5. syrre

    syrre

    :D :D :D

    so true
     
    #35     Sep 8, 2006
  6. Surdo

    Surdo

    You will certainly go through a lotta dry toilet paper position trading Crude these days!


    Ksonsinc: How did that $66.975 kind work out, I hope you held it for a few hours!
     
    #36     Sep 8, 2006
  7. I think I'm ready to load up on Crude here right around 65.75 - 66 range. Stop set at 64.
     
    #37     Sep 8, 2006
  8. syrre

    syrre

    LCOV6

    69.40
    68.05
    67.29

    65.97

    65.94
    65.35
    64.00
     
    #38     Sep 8, 2006
  9. BCE

    BCE

    What does this represent? What's the 64.00?
     
    #39     Sep 8, 2006
  10. syrre

    syrre

    s/r

    s3


    heres the same - wti (QMV6):

    69.757
    68.557
    67.938

    66.825

    66.738
    66.157
    64.957
     
    #40     Sep 8, 2006