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Long 2 from 610.......sitting like livermore tells me to. dont know if this employment report tommorrow is going to be inflationary or not...... but to get rich you hvae to sit. i dont want a couple bucks here or there. i am looking for the big move once again.

OIl to 76 tomorrow.

classic bull market price action here today after the inventory numbers. Crude sold off to 74.30 and bounced back ( so far ) to 75.10. BUY DIPS like i said before. This is the next leg up. Get in while you still can..........

I mean 10:30....

API and DOE. They come out at 10:00EST....... Thinking about taking half off before and then buying a dip if there is one.

Wow, oil touches all time high of 75.35 today and backs off 20cents before settling 75.15. This thing is going higher, guaranteed. Tomorrow's inventory number is expecting a draw in both crude and gasoline. It should get interesting. The strategy for now is to buy dips....scale down buy...

what kinda volume was that on??? I saw it trade down to 73.30 on like 50 contracts earlier.

Crude was a beast today. It absolutely refused to give up ground near the 73.65 level. that is support for now. Anybody catch that move during products expiry today??

Oil will be up for the next week everyday

There was a significant breakout today in oil-it clearly broke the downtrend channel to the upside. The previous 2 days it tested the highs, but couldnt quite bust thru. This thing feels strong as hell and i wouldnt be surprised to see it at 80 in 2-3 weeks. Everytime it went down to 68 there...

crude will make new highs in the next 2 weeks. It will go up for the next 10 days in a row on its way to 82 dollars. Fundamentals will have nothing to do with this.

crude couldnt break the downward trend channel today to the upside. As of right now, you have to sell, save any fundamental news that would affect the price. There seems to be no direction to this mkt in the last month or so, very choppy...

wow, this thing is getting killed right now! I am impressed at the fear gripping the late longs and the greed of the new shorts. I am definitely short term bearish. Gasoline broke 2.00 today, but rallied above it at the end. No matter. This will continue its slide to around 66-67 and then...

i just dont see any reason why it wouldnt, all the risk is to the upside. There are way too many geopolitical factors, as usual, to push this through 75.35.

Does crude hit 76 tomorrow? The inventory number should be interesting.

Tom cole, i must agree, natty is a very tough mkt right now. Volatility has disappeared in this mkt this year. A few traders i regularly talk with cant believe this market is still above 7 bucks! They are calling for 3 dollar natty! It is also very gappy and subject to constant bullying by...

wow, such prescient remarks from traderguy, "the multiyear oil bull market will have to end at some point......" Obiously. but when? this year, 2 years, 5, 10 years???? This guy is hilarious. Such a BEAR. To be a bear in this market is financial suicide. I know what he is thinking right...

i think the easiest market right now is gold. It just goes up. After its done going up, it goes up some more. I have not done any preparation other than looking at 5 min, 60 min and daily charts. I find that as long as you are buying dips, its impossible to lose money. However, you must...

Short: crude, gasoline, Gold, silver, bonds, defense stocks Long: Equities worldwide.

What market is most difficult to trade? Buddies of mine claim the equities mkt (S & P Futures, Nazz, russell) is the most difficult because it is most efficient and has low volatility. Commodities trading seems to be the easiest market, but also the one that takes the most balls because of...