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I agree with you on your target 75. I do not see much value to your latest trendline though, too steep.

They have tried to rally this turd the past 2days. Im thinking tommorow its going to flush.

In not a member of their website either. I do use this website: http://countryhedging.com/commentary.asp The usually post the API numbers 5-10minutes after they come out in the "Afternoon Energy Wire" .. They didn't yesterday for some reason though.

I was at lunch so I missed the 8050 chance. Someone was trying real hard to run some stops when they pushed it up there. Options expiration 2morrow. Im guessing its going to hang around 80 all day. I will be building a short position expecting a selloff on Friday.

API inventory numbers come out at 4.30est every tuesday. They give a general concensus on the what the DOE #'s will be on Wednesday. They numbers are not accurate because the reporting data collected by the api is not mandatory like the doe #'s

Everyone was short already going into the numbers. What did you expect. Sell the rumor buy the news today

Im out. Im looking for a drift higher then selloff at pit close

Was the same thing I was going to post, I guess ill take 7885

My mistake on the 8150, should have been 8250. Reason being that it would invalidate todays downside action. I got out at 8007. Now going to reshort at 8050 and 8140 overnight.

Sounds like you guys like to show up to the partys after 2am:D Short the thing now, if it runs back up to 8150 then its probably going to keep going up to about 8600

With a reversal day 2day I doubt we get a drift upward. But we have api #'s at 4.30 est

If 7963 is broken this week then we will have a outside bearish candle on the weekly chart along with a double top. burn burn burn

-1$ below the intraday support. If this closes below 81 today this turd is going to sink overnight and or at pit open 2morrow

Im looking for 7980

I was about to ask were you get it from. Are you using a service? If you can PM me.

Im still short too. Options expiration thursday, so im expecting a counter move in my favor soon.

Bit late to the party. Its gone from 290k to 262k open interest. Had 10 up days in a row. Has not retested the high from Wednesday. If it breaks 8260 today it might make it to 83. Good luck I'll keep adding to a short position.

I agree with you. Im building a short position today/tonight

Anyone know of a service out there? Or if the nymex still offers one?