5% - 10% profit per day trading

[InvestVision]

Week Ended Change 04/10/09 04/03/09 04/10/08

Crude Oil Stocks +5.6 366.7 361.1 314.8
Crude at Cushing -0.8 29.2 30.0 -
Motor Gasoline -0.9 216.5 217.4 217.8
Reformulated +0.3 1.7 1.4 1.8
Conventional +1.0 86.9 85.9 106.8
Blending Components -2.2 127.9 130.1 109.2
Kerosene-Type Jet Fuel +0.2 39.3 39.1 38.6
Distillate Fuel Oil -1.2 139.6 140.8 106.8
0.0015% sulfur and under -0.8 82.7 83.5 66.2
0.0015% to 0.05% sulfur +0.2 20.6 20.4 18.0
0.05% and greater sulfur -0.7 36.3 37.0 22.7
Residual Fuel Oil +0.0 36.2 36.2 39.4
Refinery Utilization* -1.4 80.4 81.8 -
Crude Oil Imports +0.059 9.391 9.332 -
Excluding SPR**

*Percentage Points
**Millions of Barrels a Day

 

[Blubaru_555]

oil build up was higher than expected. if we can just break 48.90 we should fall straight to 47.50.

 

[Blubaru_555]

i added another short at 49.05. come on, let's do this!!!

 

[InvestVision]

has shorts and closed
oil refuesed to drop below 49.0
went long 49.05

 

[Blubaru_555]

well atleast 1 of us will make money here

 

[usman88]

I expect any bounce from here to limit till 49.50 max
Theres no real buying taking place at 49.00
Large market orders in a low vol situation are buoying the market
we are going down

 

[InvestVision]

Quote from Blubaru_555:

well atleast 1 of us will make money here

I am range bounding here 49.05 to 49.15 , so no issues , closed already

 

[usman88]

just went short at 49.51 SL 49.57
we just hunted some stops and should now head lower. If we go above now 50.30 would be where i would be shorting again

 

[Blubaru_555]

i averaged out, 49.30 to b/e.

 

[usman88]

Quote from usman88:

just went short at 49.51 SL 49.57
we just hunted some stops and should now head lower. If we go above now 50.30 would be where i would be shorting again

stopped out
just went short at 49.81 SL 49.86