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Fair enough. Shorted at 80.92 SL at 81.30 PT at 80.50 Also, this is my last short, either way it works out. Its clear this is going to break out sooner rather than later. I will wait for that to happen and hopefully get short near resistance at the previous high. I don't...

Short...lets see if she breaksout. SL 80.30.

I'm out...will wait and see what happens at 2pm.

Meltdown, you MF'er...

Hogballs, sir. At least, not before I get out at $79.

Short at 80.40. Looking for 79.

Question for you folks -- how much cash/funding do you generally keep or feel it is safe to keep at low cost brokers (IB, MB Trading, etc)? For example, let's say hypothetically you have somewhere between $700k - $1MM in investable funds, how do you approach the following: 1) Do you keep...

CL has got to be the market i've gotten killed the most in due to biasness. I'm def bearish on CL too and that is why i got crushed three weeks ago in a big way.

Yes, that strategy is 4 for 4 for me, including catching about a $1.00 of that down-move yesterday in CL. (with only a .10 SL) Honestly, unless/until the dynamics of the crude market change, i think that is going to be a consistent winner. Just need to make sure to spot when and if that...

By the way, a special "shout out" to BP for being the enabler for a couple of my biggest wins. Kid is dyn-o-mite money from a contrarian point of view...

HuggieBear is officially killing it. Since that fateful day 3 weeks or so ago when I rode 5 Cl contracts down $3 in about 2 minutes (amongst other idiocy), I have had one of the most extreme swings ever. I went from down 25% for the year at the end of that day to now up around 25%...

Closed the last one at 80.31

come to papa

closed 3 at 80.62...hold the other one with SL at 81

short 4 at 80.80

BP seriously hooked me up yesterday...amazing timing. I am taking the day off as a result.

Closed my short at 78.69 for +.97 per thanks BP...my single best CL trade ever

short 10 lots on BP's reco

yeah, i would have preferred to cover .75 lower, but i dont feel too bad being out. I still fear a monday bull rush.

looks like closing my short set off a mass exodus of longs heading for the door...of course.