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Take a break. BBIB

Hope it does for your sake. :) It's all bullshit anyway. :) I think it's an overreaction too, but................

I thought it was a head fake failed rally attempt is why I exited. I had no idea what was up as none of us did at first. Oh, well. I'll take what I get. $600 better than $0. Good day all in all. ADD There was a little check up there where I exited and it made me think this rally would be...

That was fortunate. :D

The Saudi's aren't going to let any protests go down.

6 more minutes nets me $2k more. Oh, well. :)

Shoot! Great entry again but exited way too early. Oh, well. :) Long 101.45 Exit 102.04 Short squeeze I guess. News? ADD Wow!!!!!!!!!!!! Didn't know what was up. Wow!!!!!!!!!!!!!!! ADD 2 Talk about leaving money on the table. :D :D :D

CNBC "Is now the time to short oil?" on now.

One more on Saudi Day of Rage Saudi Arabia's `Day of Rage' Lures Record Bets on $200 Oil: Chart of Day http://www.bloomberg.com/news/2011-03-07/saudi-arabia-s-day-of-rage-lures-record-bets-on-200-oil-chart-of-day.html

There was a huge volume spike on that one minute drop. Short the rally? ADD And one last point Didn't everyone today? :D

Saudi Day of Rage http://www.timeslive.co.za/world/article960362.ece/Saudis-pessimistic-about-Day-of-rage Saudis pessimistic about 'Day of rage' Mar 10, 2011 12:38 PM| By Online activists have vowed to hold a "Day of Rage" in Saudi Arabia, similar to those seen throughout the Arab world...

It'll come back. LOL. :) I'm mega-wealthy anyway so doesn't matter. :p

I was thinkiing about the Saudi thing. I didn't have time to look it up. Are you sure that's what it's called? :) ADD Yes that's it. Link in a second.

20 EMA now is 101.21. Was way overbought. Fundamentals stacked against it. We'll see what happens. They may short into rally attempts or at some point buy the dips. ADD Good entry on my bold 100.76 long, but too early of an exit again, he said after the fact. :) You're not sure where it...

As are most instruments. But all the fundamentals are stacked against it. Kudlow is asking, "Is it time to short oil?" LOL :D If that's not a buy indicator we've never heard one. LOL :D Did you bake us some cookies? :p

Out at 100.98. LOL Too much. Wasn't hardly worth it. :) ADD In 101.05 and out 101.15. :D Obviously counter-trend. :) Looking at other instruments. :D ADD 2 Correction was In 101.05 not 101.50. :)

It's testing S3. Trying a bold 100.76 long with a tight stop. Stopped out and then reentered the same place. :) Sooooooo volatile. :)

I think these two factors along with the Oklahoma excess surplus are driving this. I think Gaddafi is in trouble as the world slowly seems to be freezing him out. Even Russia which had refrained from being so involved before now seems to be joining the freeze out.

:)

S3 = 100.72, a long way down there. Not seeing much support on the way down. Maybe fib levels.