Short CL @ $95.61

Discussion in 'Stocks' started by IRiskRunner, Nov 4, 2007.

  1. What Got You Here Won't Get You There

    Good Luck

    #41     Nov 20, 2007
  2. S2007S


    oil up $2+

    record closing above $97

    $100 I think is coming, where it goes after that is anyones guess.
    #42     Nov 20, 2007
  3. sounds like the makings of a spectacular blowout :) good luck. how much are you down so far, like 15k or something
    #43     Nov 20, 2007
  4. Watch and learn
    #44     Nov 20, 2007
  5. sure, show us what you got hotshot

    i'm guessing no stop till brooklyn?
    #45     Nov 20, 2007
  6. Poole


    this thing is going over $100

    the market is demanding it

    id say short at $110 may be a worthwhile trade
    #46     Nov 20, 2007
  7. the short expectancy on energy systems has taken a pretty historic hit. it's kind of dangerous to interpret that as an impending collapse. could turn out that way, but i agree, could easily go very ballistic on its way back to typical symmetry

    in either case, i recognize this fellas attitude. it's dangerous. all i can say is, if you get away with it, don't try and repeat it
    #47     Nov 20, 2007
  8. Sounds like you have the winning strategy or the HolyG as we call it here in SanDaygo!!
    We need to compare notes, excellent strategy, it sounds a lot like my system, which is over 65% profitable including slippage and calls. You just gotta know when to ride the dragon and when to take the hare kare baby!

    Big winners require big faith and a little bit of ganja ;)

    The proof is in the P&L not the pudding.

    High-five homeboy, if you don't mind sharing some tips, let's compare sizes.

    I'm short crude myself, but i got on the profit train a little late, i'm short in the $97.40 range. Adding on the way up because we KNOW this shizzz is goin' down...findamentals and technicals and the crack fair value of this stuff is $83.60 baybee!
    #48     Nov 20, 2007

  9. Over time mine is profitable 9 out of 10 times. The key is capital and courage of your own convictions as drawdowns are inevitable

    Watch the currencies, particularly EUR... we are almost there

    Crude is becoming a joke and Iranians are going to be thought a big lesson...

    God bless America

    #49     Nov 20, 2007
  10. lol .... a system with no stop is profitable 9 out of 10 times. ... so what happens/happened that 10th time?

    #50     Nov 20, 2007