Search results

2 hours is quick? :eek:

i'm stepping onto the sidelines here, you guys are scaring me with talk about options expiry. if oil spikes i'll try another short.

@span thx dude. it is very choppy now, i'm thinking i got in a bit too early. oh well, i'm holding on unless i see another huge down spike. why don't you consider getting in using a stop loss? i know how you feel about not using stops though, i've been doing it for over a year now and...

out at 48.19, and back in short at 48.32. cnbc just said a build-up in crude oil is expected tomorrow. seriously, what is going on.

i'm riding this thing down one way or another!! i'm trying a 2 lot short at 48.60. stop at 48.80. come on!!

I can't either... but i see heating oil is on a tear today, up 5c where rb is only up .5c. no idea why it's going up so much but i think heating oil is dragging up oil.

testing the waters here with a short, we're at a major resistance point, let's see if it gets broken through. short 48.30 stop 48.60 target ???

okay, today was not a good day to short. i was still able to turn a profit at the end of the session by scalping that crazy choppiness. i gotta use tight stops more like i did today, it really reduced the hurting when the market kept chugging upward.

from what i see, energies and equities have moved independently for atleast 3 weeks now for some reason. with the dept of energy lowering demand and the no-cut this weekend, i don't see any news that outweighs these. then again that's just how markets behave.

no, moved my stop down and got stopped out at 47.25. ok 48.25 should be a really big resistant point coming up if we get that far.

ok this spike up in oil seems way over-extended itself. i can't find any fundamentals today that would've pushed it up like this, anyone got any idea? are the big traders just eff'ing around to get in short here? in any case, i'm short and holding this time, 47.10, 2 lots.

fast trade... got in at 46.05 and got stopped out at 46.30, wow. waiting for now update: ok looks like the run up is taking a pause here, short 46.41 stop 46.65 target 46.00

Next trade i'm looking to short 46 or higher

sh 45.40 target 45.00 stop 45.65

looks like they bought, hehe

what's everyone looking at today? i wasn't able to capture a piece of that big move today unfortunately... if it hits 50 i will definitely short it, though i might short it if it hits the high again.

anyone know why HO is on such a tear right now? is it cuz of the storm they're having in the northeast right now :confused:

i'm currently holding a 2 shorts at 44.90 too

impulse trade here, getting impatient again. my IB went out for 30 minutes for no gd reason. short 44.45 stop 44.70 target under 44.00

what price levels are you guys looking to get into oil today? if it goes above 45.00 again, i'm going to try a short with a tight stop. edit: looks like i mighta missed it.