CL is wild :-(

Quote from SNBthetrue:

dude... don't be sick... would you tell your edge in a poker game ? in a video game ? NO... or only to your friend to raise the competition level because you know that it will be funnier... but if money was involved you would do it online if you knew that you are so much better than you have nothing to fear...
More...

So far ET forum (whose members include many successful traders and authors) was very helpful to me and I'm hoping that things will stay like this. In rare occasions, I even got response through PM (if poster didn't not want to share it publicly and I respect that).

Guess the world is too big to compete among ourselves.
 
Quote from Uncle_Ho:

Did that dumb fire they showed on CNBC spike crude before 9:00. WTF was all that action.
More...

Not sure, but I enjoyed have two trades completed this morning anyway. (+91 and +53). Done for the week.


Found this on WSJ.

By Reza Amanat
Of DOW JONES NEWSWIRES
LONDON (Dow Jones)--Crude futures stage a tentative comeback Friday, with traders taking advantage of a $6 loss in the previous trade session to cover short positions.

However, the market's mood is likely to stay downbeat after Nymex light, sweet crude values fell by 4.5% to one-month lows Thursday, weighed down by hefty U.S. stock builds and negative macro data, participants said.

"Price rises have been ahead of the physical market, being driven by optimism and risk appetite...but when you get negative economic data, optimism and risk appetite diminish [leading prices lower]," said Thina Saltvedt, senior oil market analyst at Nordea Bank Norge in Oslo.

Oil prices are likely to flutter between $65-$75 a barrel until the end of the year when supply and demand fundamentals find equilibrium, she added.
 
You must log in or register to reply here.
Back
Top