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Barring some unexpected news not sure that's in the cards. But we'll see. Looks pretty bullish. But things can obviously change.

Just got out @100.09. Was looking for a pullback to reenter but so far it hasn't. :) Oh, well. +31. :)

It seems to have listened to your request. Maybe it was the "pls". :)

I was just getting ready to compliment you on your earlier call. :) The way my charts are set up 99.60 is the PP. Been in and out for 65 ticks and now long @99.78, but we may retest that low or at least pullback just above it. Or not. Late start. Just started trading about 30 min. ago...

Did a couple of quick in and outs and covered just a minute ago @ 99.60 from a 99.72 short. See what the last half hour brings. Could ramp up to 100 or down to 99. But more likely trade in this tighter range until the reopen later. Busy today so I let it go. :) Hope everyone's having a good day...

Shorted 99.74. Just fooling around while I'm doing other things. :)

Thanks for the update. "According to news accounts, although new drilling techniques have greatly increased oil production in Bakken formation in recent years, as of February 2011 that region was still yielding less than half a million barrels per day." The Saudi's produce 10-12 million bpd.

Thanks, ammo. :) That's interesting. I was looking at this site the other day, but not this.

That is a long time ago. Wonder what's going on with this now. Hope everyone is enjoying the weekend. Some good games in the NFL this weekend.

Hey, V! Good to hear from you. Hope you're doing great. :) Nice trade on this nonetheless. It's hard to catch the exact low isn't it? I usually try to be a little less demanding on these and maybe end up giving up a few ticks in the interest of getting filled. A lot of times when it's...

That was a nice tank. Down 2 points in 8 min. We've seen bigger moves. My favorite is when silver sold off 6 points or 12% in 12 min. from 48 down to 42. http://www.elitetrader.com/vb/showthread.php?s=&postid=3170839&highlight=silver#post3170839

Nice little tank here. :) Averaging in long from 103....................................................................kidding. :) I knew I should have used a real stop instead of mental stop...........................................................kidding again. :)

Just sneaking in here for a minute. From the EIA report: U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 5.0 million barrels from the previous week. At 334.6 million barrels, U.S. crude oil inventories are above the upper limit of the...

Thank you! :) Taking the day off. Great trading to all! :)

Happy Birthday BCE!!!!!

Yeah we'll see. Of course with CL it's like it accepts a ride in one of the indicies' cars and then all of a sudden opens the door and jumps out and starts running the other way just because it can if it wants to. And the other thing, which many forget, is it's really tied to what's up with DX...

From a fundamental point, although as I mentioned a week or so ago there are many fundamentals, it seems that it would take some strong new Middle East type news to drive this a lot higher. Seems kind of toppy to me. But having said that, you can all quote my post here when we hit 114 again. :)

Here are some Brent charts which are supposed to be real-time. http://www.oilbull.com/brent-price/ And here's Light Sweet. http://www.oilbull.com/oil-price/

Came close to the 103.74. See if it makes another run at it as the day unfolds.

I got it straightened out, but I'm taking a few days off anyway. Just wanted to check out the charts. When I looked at Brent it came up in the SuperDOM but wouldn't chart. Actually it would chart real-time data but not fill in any bars or candlesticks for what had already happened. No...