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BCE chuckles. :D :p :D You're telling me "Listen, you need to graduate from the street investors level. Those who follow Cramer are newbies and ignorant people."? Really? Sorry but I can't help but laugh hardily. I wasn't recommending Cramer or pointing out his Twitter account as a way of...

Going to take a nap here in a second, but just wanted to share Cramer's latest tweets from a few minutes ago. :) Just ran into this somewhere else. He has nearly a half million followers. Just a few more than I do. :) He's talking about AAPL. http://twitter.com/#!/jimcramer Looks like...

This is from yesterday. February 14, 2012 8:47 AM U.S. naval battle group crosses Strait of Hormuz Updated at 10:01 a.m. ET ABOARD THE USS ABRAHAM LINCOLN - Iranian patrol boats and aircraft shadowed a U.S. aircraft carrier strike group as it transited the Strait of Hormuz on Tuesday...

You can get in big trouble and be buried if you trade off of "fundamentals" and what you think is up. There are a lot of fundamentals that affect the market at any given time. How will a short go if Israel bombs Iran or even if Iran tries to close the Strait of Hormuz?

Didn't sleep well. Really tired today. See where the market goes from here. Feels like it's waiting for some big news. If I take a nap Israel will bomb Iran or something like that will happen. :)

This is a joke right? :) When George Soros said, "It takes courage to be a pig" he didn't mean to go all out and just put it all on the line do or die. He meant if you're already on the right side of a trade to add to your position, put you foot on the gas.

That was interesting. :) Topped out I guess for now until we get some more news from something.

Feb. 15, 2012, 10:19 a.m. EST Oil pares gain after Iranian supply halt denied SAN FRANCISCO (MarketWatch) -- Crude-oil futures pared gains on Wednesday after Iranian officials and Italy's foreign minister denied Iran had cut oil supplies to Europe, according to news reports. The March...

Greece struggling to meet European Demands. http://www.marketwatch.com/Story/story/print?guid=3C0189A2-57D9-11E1-9092-002128040CF6 European indices look rather weak today too.

Agree. :) I was thinking about how it might react last night. But given the market movements today that call seems likely. Market feels toppy as I mentioned. We'll see what happens. Stay tuned.

Market feels really hyped up this morning, like it's ready to make a big move. Seems jumpy.

Feb. 15, 2012, 10:00 a.m. EST Feb. NAHB builder gauge hits more than 4-year high WASHINGTON (MarketWatch) - Home builder confidence in the market for new single-family homes climbed in February for the fifth straight month to reach the highest level in more than four years, according to a...

The other thing is it was totally unpredictable it would climb to 102.50. That was from the China helping Europe news. Without that news it doesn't go there. My guess it would climb there came after the China news broke last night. Could have done an overnight trade, but I usually don't. I like...

But it pulled back a lot and you could have reentered or even better flipped it at the top short. All of this is easier said than done but doable. The thing is I'm not seeing 4-5 point moves here, just a lot of back and forth up and down in fairly narrow ranges. I'd take 100 to 150 ticks when...

GM :) That would work except I usually only trade one contract. :) So that would be hard for me to scale in or out. But if you trade more than one I agree that could work. ADD: The one contract is for CL not other contracts.

Market feels overbought. It's climbed and climbed. First real bad news seems like it will really tank. News from Iran or Greek deal falls through or............... China support news of course if keeping this propped up. Of course I've been saying this for a while and eventually it will be...

He was shipped off to Africa the last I heard. But maybe he's trading from there. :)

GM :) I said to myself last night, looking at the chart, that I thought this would maybe peak around 102.50 and that might be a good short. Unfortunately that happened a half an hour ago @ 4:40 AM here. Too early. :) Missed it. It's 5:15 AM now. Can't be here all the time. I actually was awake...

I just logged into my account to see what's up and saw that spike too. Came here to see if anyone knew. Just took off a few minutes ago. ADD: Japan and Hong Kong are strong.

Not feeling well today. Heading back to bed. Great trading to all of you. :)