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We were headed for a strong day after the ES tested 1216 in the am and QQQQ took out yesterdays highs with good volume. Crude spike after the EIA report and shut down demand in stocks. Refineries running at 90% capacity, gasoline inventories dropped a little but crude inventories are higher...

Chewy, fwiw try not to look at the account $ P/L during the trading day. Whenever I do look at the account $, I always seem to end the day worse off than I started. Looking at the $ seems to jinx the whole day.

Actually I already was of the opinion that Crude is at a topping stage. We're at the blow-off stages.

Buffett to dump oil shares Aug 19 2005 09:19:50:670AM Hong Kong - Billionaire investor Warren Buffett believes crude oil prices have peaked and he is considering selling his two billion shares in PetroChina, China's biggest oil company, a report said on Friday. "There is talk that he...

Idiot. No wonder neocons love monkeys like you. If you stop watching faux and listening to rush you might grow a brain. So easy to blame "trial lawyers". I'm sure the plaintiffs and good 'ol boy juries have nothing to do with this. A vast majority of these silly "judgements" are capped and...

Well done! Geez. that's more than I made whole of last month. :)

quit looking at porn on your trading PC.

Pretty much sums up what trading is all about. Duard, place/print Weekly and daily pivots, support, resistance on each chart you have open. The psychology: other traders put buy and sell stops around these numbers, so you must observe the reaction of the market when the market hits these...

Another over educated idiot who seems to be condoning insider trading and corporate fraud. Yeah, I'm sure the guys he mentioned were all innocent. In that case one wonders why their multi-million $ lawyers failed to get them off.

Please stop defaming someone on an anonymous newsboard. Somehow I doubt he has the time or the inclination to dig up and compile email addresses of run-of-the-mill no-name secretaries on the street, take the time to doctor photos and then pass them out.

ROFLMAO! down 15 + %

Stupid damn fks, f'n fks. They should fire their whole gddamned f'n IT dept. F'n offshore the whole thing to India.

What "alternative" party do you mean? The govt. here is a duopoly who answer to the same special interest groups. Do you know how many independent representatives there are in govt.? you can count them on one hand. Well at least here you have the illusion of a vote. :)

I prefer this one myself http://www.marketpit.com/COT%20Charts.htm Edit: Also try this one http://www.freecotcharts.com/

I'm not a great artist, but I feel following is possible weekly trajectory for YM.

I sold 1/2 of mine rather early at 1.31 a/h on the day of earnings. Usually this works out rather well. But now it looks like I'll have to buy it back higher, no way it's going back below that gap. Whole new animal now.

Buffet has been holding that position for over 3 years. From what I understand, it's not an "investment" for him. Rather it's a currency hedge. Buffet along with all other astute players who are over exposed to the USD have short it. Their analysis shows massive devaluation ahead. How else...

it's interesting how the Feds go after Martha Stewart and leave poisonous slithering snakes like these running around. People like these are destructive to good democracy and capitalism.

Carlyle Group. Most of the companies in the military industrial complex that benefitted from the war are owned by the carlyle group.

Yeah, it's called hydrogen energy. refit current gas stations and future autos with hydrogen tanks. God forbid we should develop more efficient solar cell technology. Then who would need the large utlilities and oil corporations?