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i shorted on friday as well but sold yesterday. i am just watching things now.. tomorrow should be a fun day

i win! my problem is that i know its going to drop but how much is hard to judge at this point. I am thinking the May contract will drop below 61 by weds.. but after that who knows.. the market has this thing about oil going below 60 for some reason.

down $2 today.... looks like traderguy wins

a few hours after i post that....

pffftt.. i doubt it :p I wouldnt be suprised if we go blow 60 in the coming week. The Iran issue is cooling off and the fundamenals will really hurt current prices.

I've had it for a few days and I can already tell you its not worth the money.. the guy has been dead wrong in his assumptions over the past few days. And the site really does not have much material.

After todays inventory release.. from a fundamental perspective ..what price do you guys see crude at? I am still struggling to understand how people figure that out.

i always get great fills .. I've been using IB to trade qm for a while now.

nah its been fine for me..

Who is a good source for market research/data recommendations etc for energy markets?

Nigeria.. the militants said they will attack again and soon (that was a day ago) prices are going to drop unless something else is blown up.. sad thing is.. something probably will.