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I've been burnt too many times trying to go long on this thing. I'm currently short, we should be headiNg to 65, remember to keep an eye on the dollar index. The euro just made a two month low against the dollar and the the pound is down as I write this. It also seem that any good economic...

I concur with your assessment, hence my reason for trading intraday only. I got burnt holding 3 cars by the Dubai debacle, ruined my thinks giving. :mad:

Until we see a significant drawdown in crude inventories, the 80-81 resistance should hold for quite some time, hence I would not initiate a long position unless you plan on liquidating on the same day. The dollar and hope of a fast economic recovery is supporting crude

can anyone please help figure this out. The opening prices reported by Investors Businesss daily and the opening times reported by the wall street journal is always different for the commodities, even though the High, Low, and settlement prices are always the same. I believe the wall street...