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WTF? Sounds like every other conspiracy theorist nut job out there. Would anyone actually give these people money in exchange for their "Amazonian" currency? You'll end up sitting in a jungle hut somewhere in Brazil wondering what the hell just happened to all your money while they are...

What are you trading? I'm having a good day in oil and bonds and a bad day in equities and currencies. overall I agree with you.. today has been quite frustrating in some markets.

Let's see if I can keep up... increasenow has in the last two weeks jumped around asking dumb questions about trading how many markets now? i'm losing count... i know oil, ags, treasury, equities.. am i missing any? increasenow i don't want to trash you because you seem sincere in wanting to...

Is there a link to this yet? I looked on cnbc.com but couldn't find it. I'll never forget when Boone gave an interview during Jan 2007 on CNBC and called the bottom on oil at $49ish for the year. He was heavily long at the time and was probably holding on to substantial losses when he made the...

The bond market doesn't look like it believes this rally though. It has barely budged from where it was before the rally started.

Yeah, you should meet my business partner, Mr. Rockwell. His friends call him Chest and he makes a mean margarita. Classic.

Nice. I'll take the opposite of your position and even give you even money odds depending on your time-frame. I would rather profit from someone not getting killed. How are you financially positioning yourself for this dire prediction?

OMG i almost spit out my drink when I read this. too funny! good comic relief on a day like today. let me off the ride i'm getting dizzy :)

wow.. the top just blew off of oil. the equities are whipping around like crazy too. fun day.

Ha ha. that's great.. feels like it some days.

are the inventories coming out this morning? the action is pretty muted today so I'm guessing they haven't been released yet. anyone know what's going on? edit: coming on Thursday due to holiday. doh!

Like trying to keep a basketball underwater today. Hoping for a little sell off in Apr but my stop is pretty tight either way. good luck.

Not halted. The Mar contract just expired at 2:30.

Yeah, I exited half my position earlier today but kept the remaining for a shot at the $100 trade. I am actually surprised I got filled at the high of the day. It's nice when the luck rolls your way for a change.

You called it back on 2/6. Nice prognosticating! Short the Apr contract just for a lark. Later

Just got $100. woo hoo..

Well, my sell order is in for $100. We'll see if we can hit it today on the March contract. I'm probably going to sit on the sidelines after March expires at least until after the inventory numbers this week. Congrats longs and good luck everyone...

remember, nothing goes straight up or down. especially oil. there are plenty of zigs and zags to psyche you out. technicals are still bullish for now. we'll see what happens. i wouldn't be short going into a weekend that's for sure

No problem. Your plan is sound. Oil is tough but very profitable once you learn what not to do. Good luck to you.

I do trade the larger contract for longer term position trades but I trade the WTI on ICE instead of the CL. It is cheaper to trade and the volume is good. I have not been day trading oil that long so it is more of a comfort factor than anything else when I day trade with QM rather than the...