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Hey man, what happened to S&P contracts of ES outright? :D If the 1, 3, 5 levels hit, thats 20k :D I still want more volatility on the ES before I start daytrading it, although the past week has been better I admit. As far as my own trading goes, I got my face torn off in the last 2 weeks...

So now we crossed below the 20-day MA, I think technically we're looking bearish, could go to 90 but at that point fundamentals have to remind us of the spring-summer driving season in combination with some turomoil in the middle east and possible increased imports of oil from Japan in the...

Beautiful, good job!

The hourly chart is a beautiful piece of technical art. Rebounding off the 20-period MA at the moment.

So Bahrain is falling apart as I am following the news now. Their oil production is trivial though, 40k barrels a day? What's the main concern with Bahrain, contagion to Saudi Arabia? Gauchos all the way!

Japan will need to import more oil to replace its shutdown nuclear plants: http://online.wsj.com/article/SB10001424052748704838804576196270282565218.html If you can't read the article, type the title into google and click on the link to open it. My question is this, while Japan...

Come on, we're oil traders, go to the beach and wait for it.

Early unconfirmed reports on Twitter showing not much activity. One person writes: sunnysingh_sw6 Sunny Singh Reports suggest #Saudi activists may try to outsmart regime with no-show today but spontaneous gatherings on other days. Interesting... 4 minutes ago

No, I moved back to LA after graduating, worked for 15 months in accounting, moved to Austin for 9 months, now I'm back in LA waiting to get my passport so I can go to Europe for grad school. Yeah I'm all over the place.

Yeah, I'm a UCSB Alum, majored in BizEcon + Accounting :D I really miss freebirds

Gaucho pride!

If it goes down overnight, it goes up at 6am, vice versa.

Why are you trading the ETF if you have interactive brokers?

I really think this is crazy, I was short until Monday and I switched but there were Saudi protests today, and the big one isn't planned until next Friday. If it commences next Friday and they are large protests, oil will skyrocket. Further, resistance at 103.81 was crossed. But I'm not a psychic

I'm closing out my written call options tomorrow if we have a drop of oil, B/E or .10 profit will do, this will bring back up my cost average from ~95 to 100.30. The thing is, if we're poised for higher oil prices, I want to be able to close out without having to hold on option expiration day...

If we move down from here, I see a cup and handle on the 5min, do you?

I don't think it's as simple as that. France, a NATO member is reluctant , to interfere. Russia also said NIET on a no-fly zone as did China (although I don't know how they say no). Obama & administration is hesitant to interfere? Why? It could set the wrong precedent and he does not want to go...

I'm long with ya.

But what about Gaddafi?

Rumors are about that Chavez is brokering a peace plan for Libya.