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Thanks. :) Interesting.

Weird action, eh? Someone tell me this is trading on fundamentals or technicals for that matter. Too weird for me. Had a good day. Leave it at that.

Interesting chart from NT. How do you get it to do that? Is that the pro version?

Looks weak here so far. DX is selling off a bit, indices are rallying. CL is just sitting there. Maybe they'll sell it off today for a change of pace.

It will dip to 105 and then close at 115. :p

One more updated 60 min chart for TF. Last one as this is the CL forum. Just for TA interest. Amazing the symmetry from Thursday. I made another 2X2 on that last bump up so that's good. Take a break. BBL. :D Thanks for the chart JMC. Oh, that rebound. :)

k :) A bit disappointed I didn't trade more contracts and missed that last move. Oh, well. Made some good money anyway so can't whine too hard. :) Hope everyone's having a good morning. ADD: At least I'm reading the market well so there's something to be said for that. Maybe they'll give...

BTW, here's an updated TF chart. Just posted it as a insight into TA. The symmetry from Thursday and today is striking. BTW 2: I missed that last break while posting here. Nothing new.

That's true but the news does affect the price so I post news that may be relevant. I offer my take on what's up obviously, but it's just some thoughts. That's what these forums are for. To interact. I may be totally wrong in what I suggest at any given time. If people don't want to hear what I...

I thought this was really interesting. I was looking at this and trading off it actually. This is a 60 min chart of TF. Look at the action on Thursday and then today. The difference in the LODs was 3 ticks. :)

Here's an interesting article with an Elliott Wave analysis of what's up with crude. This guy's long crude so maybe take it for what it's worth and factor that in. http://www.marketwatch.com/story/oil-proves-to-be-within-third-wave-up-2012-02-27?link=MW_home_latest_news

GM :) Wasn't sure what CL was up to so traded TF and did well but didn't trade enough contracts. Oh, well. This created the follow through to the bounce: Feb. 27, 2012, 10:00 a.m. EST Jan. pending home sales hit nearly two-year high WASHINGTON (MarketWatch) -- Pending home sales...

Feb. 25, 2012, 4:03 p.m. EST Saudi Arabia raises crude oil output: reports By Andria Cheng, MarketWatch NEW YORK (MarketWatch) — As crude oil prices reached a nine-month high on concerns about Iran’s nuclear program, Saudi Arabia has increased its crude exports, and the U.S. is...

Just to clarify my own post, I didn't really know who you are. I hadn't seen your other thread yet. http://www.elitetrader.com/vb/showthread.php?s=&threadid=236208 And there are a lot of people that post on this site doing simulated trading only. And there are very few that are engaged with the...

:D Feeling more resistance. But you know CL, unpredictable by nature. I was keeping an eye on DX to see how that might affect it. Looks a bit disconnected now. ADD: Just a heads up to everyone. I'm going to go and get some dinner. This is a clear signal this will either be heading to 108...

Perhaps at some point the buying every little dip crowd may be buried in a big selloff. The more obvious this becomes, the more likely that is to happen maybe. Lemmings. At least the one little guy has an innertube. :)

I kind of like the name "Petrol". LOL. Nothing obvious yet at the open. I'm going to take off and get some dinner before the NBA All Star game and the Academy Awards. I see Daytona got rained out. Never have seen that before. SI is up a bit.

Hi :) I was just thinking the same thing about the market in general. Not sure where crude is headed. We'll see. But if it does climb much higher at some point the market, which has had a big run up lately, will correct as you're saying. That would be a good play in itself. See what we get here...

Just noticed the bottom post here in the other crude thread. Reminded me of yours NoDoji, even though they're not expressing the exact same idea. Complimentary posts maybe. ADD: I'm heading back to bed here in a second. Not enough sleep last week or yesterday either for that matter. Poor...

Just rooting around @ midnight before heading off to bed and saw your post here. I could have written your thoughts about philanthropy myself. We have the same focus. Nice to see this. This is what I'm up to also in my own unique way maybe. And along with this I'm interested in using my...