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  1. I

    CL Redux

    http://www.marketwatch.com/story/oil-futures-climb-toward-85-after-greek-vote-2012-06-18?link=MW_home_latest_news “The Greek election outcome will be met with a sigh of relief across global markets but we would caution about becoming too carried away,” said strategists at Credit Agricole...
  2. I

    CL Redux

    - But markets have had a tendency to react positively to political developments late Sunday and early Monday only to quickly reverse. That was the case last weekend after the EU announced a 100 billion euro bailout for Spanish banks. Going by above statement , we may see tonight 8590 , to...
  3. I

    CL Redux

    out 8555 :) :)
  4. I

    CL Redux

    <b>A Greek exit from the euro would almost certainly lead investors to flee stocks. Paul Christopher, chief international strategist for Wells Fargo Advisors, said Friday that the Standard & Poor’s 500 index could drop 15 percent in weeks. </b> Financial markets await a Greek election...
  5. I

    CL Redux

    Wall Street Week Ahead: Likely win for Greek pro-bailout parties may bring respite NEW YORK | Sun Jun 17, 2012 4:19pm EDT http://www.reuters.com/article/2012/06/17/us-usa-stocks-weekahead-idUSBRE85E1J920120617 An official vote projection showed New Democracy taking 29.5 percent of the...
  6. I

    CL Redux

    add 8370
  7. I

    CL Redux

    Long 8400
  8. I

    CL Redux

    we got $2 range to 8427 but with out drop to 8285 level ..
  9. I

    CL Redux

    all these days CL is following L shape for the day chart getting weaker last 2 hours of pit trading . It seems today for a change ( contrary to retail trader conditioned thinking ) we may see down to 8285 levels then push to 84 towards close . and also 8227 day low with finish $2...
  10. I

    CL Redux

    CLose all LONGS at 8335
  11. I

    CL Redux

    OPEC keeps quota at 30 mln barrels a day: http://www.marketwatch.com/story/opec-keeps-output-quota-at-30-mln-barrels-per-day-2012-06-14?link=MW_home_latest_news SAN FRANCISCO (MarketWatch) -- Members of the Organization of the Petroleum Exporting Countries Thursday agreed to keep their...
  12. I

    CL Redux

    Greek stocks soar 10% ahead of election. http://www.marketwatch.com/story/greek-stocks-10-soar-ahead-of-election-2012-06-14?link=MW_home_latest_news The Greeks will on Sunday place their vote in the second parliamentary election in two months, and market spectators worry that Greece's...
  13. I

    CL Redux

    with EURO and S&P small gains at this time , if there is a quota cut news from OPEC meeting , we may see a push to 84
  14. I

    CL Redux

    Interesting ... Wondering how much is Uncle Sam ( US Govt.) is financing Saudis to pump oil in excess of their Quota to keep OIL price down in order to hurt IRAN and make IRAN to come to negotiation table .. order of $10 Billion can not be ruled out , given that is only the cost of...
  15. I

    CL Redux

    Light Sweet Crude Oil Options (JUL 2012 LON12 ) : 06/15/2012 http://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude_product_calendar_options.html
  16. I

    CL Redux

    add 8258
  17. I

    CL Redux

    add 8275
  18. I

    CL Redux

    Long 8295
  19. I

    CL Redux

    nobody helps recovery .. Saudis can not say they increase quota in tonights meetings , other OPEC members will kill Saudis if they do at this 80s OIL . The best you can expect is to keep quota same ( most likely announce cuts , and then later usual cheat of increasing quota to satisfy the...
  20. I

    CL Redux

    out 8350
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