you sir, were quite correct!
nice call bro.
nice call to the rest of you who have been saying short for the past few hours as well :) i was hesitant, i thought we might push and hold some new daily highs, glad i was patient.
Energies have some crazy moves on inventory report days. Normally, when Im not an idiot, I dont trade until after the number/reaction. Im not in the know, and any speculation I have on inventory day is just a gamble, Im not a gambler.
I do understand how and why these markets make moves. I didnt realize the inventory reports got pushed back due to inclement weather. I spent all day Weds and Thurs walking around in the rain helping my dad bid a 44 building apartment complex rehab job. I thought I missed the inventory...
does anyone out there actually max out their buying power with these $500 intraday margins?
just seems crazy to me (me being someone who learned the hard way just how much leverage can bite you in the ass).