CL Redux

Rule #1 if ya wanna fade it:

Wait until the people on Bloomberg TV who can't contain their speech for the price-move start blabbing...

...Then you sell em cowboy!
 
Quote from Picaso:

In the meantime Nodoji must be making a killing with those frozen bellies :D
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Put on the counter-trend short late, covered early, blaming the pork bellies.
 
What's your endgame today, Kid?

Edit: some serious volume between .40 and .60, not sure how to play it, though. I would have gone for a rally attempt from the lows of the range, but equities seem to be faltering.
 
Quote from Picaso:

What's your endgame today, Kid?

Edit: some serious volume between .40 and .60, not sure how to play it, though. I would have gone for a rally attempt from the lows of the range, but equities seem to be faltering.
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I would say bullish, but doubt a new HOD, however CL does have a habit of staying in narrow range after a strong move like it did on 100810
 
Quote from EON Kid:

I think volume will roll on Monday so I'll trade Jan
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Probably tomorrow - I'm rolling today because I use TOS T&S (IB's is worthless) and otherwise it can get confusing.

Best luck/skill to everyone.

Kid, while you're still here... what's your take? :D (no, seriously)
 
Quote from Picaso:

Probably tomorrow - I'm rolling today because I use TOS T&S (IB's is worthless) and otherwise it can get confusing.

Best luck/skill to everyone.

Kid, while you're still here... what's your take? :D (no, seriously)
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its complicated, Ive got zones and levels and it depends on how it unfolds, prolly more a constrained range day
 
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