SHORT oil here

stepping into the ring, shorting OIL @ 50.35.

 

I hope you get hung out to dry on this trade, Hank.

...

Because I'm currently long oil

 

good luck !

 

Too much turbulence, means a potential change in the short term trend.
Adds to what my indicators are saying: up for a while.
I think we'll see a bounce to $53+ within a week, followed by a test of the lows...

Good luck to you guys!

BTW, does any of you guys use any pairing with oil? Something like the tick for the stock indices.

 

Long oil here.

$60-70 by year's end.

 

stopped out with small profit. flat.

will look to re-enter, expecting sub 48 shortly.

 

What happens if you are long crude after the termination date but you don't want to take delivery?

 

my car will be happy to eat the excess.

just joking!

 

QMs are cash settle

if you are in the CL contract ...

 

Yeah, I bot the lows on XLE today, will hold it.

Looking at Daily, I just can't help but think that is some kind of big bullish flag.


http://stockcharts.com/def/servlet/SC.web?c=XLE,uu[m,a]daclyyay[pb50!b100][vc60][iUb14!La12,26,9]&pref=G