CL Redux

Quote from Picaso:

Sell-off to buy cheap? Favor longs and new HOD?

Oh, and good luck/skill to everyone (where are my manners for heaven's sake? :D )

it looks weak but we may have a good up leg here
 
Gave good second chance from 108.78 to. .40. , what a fun action filled day


Quote from BCE:

I was wondering what the initial rally was about. Didn't make sense.

ADD Maybe they were trying to shake out shorts which didn't faze you ammo. :)
 
Quote from ammo:

10 day mp nip holds,thanks picaso

Yep, the move before 10 and the move after inventories look more like shakeouts after some time of low volatility.

Inventories:

crude up 1,95 MM vs. expected +1,7
gasoline down 357.000 vs. expected -1,9 MM
Distillates up 195.000 vs. expected -200.000.
 

Attachments

Quote from BCE:

I was wondering what the initial rally was about. Didn't make sense.

That initial rally was about me being long .61 off mid-.40's support right after the report and not locking in .20 when given the chance :mad:

Good trading to all, I have an appt to prepare for and then likely won't be back until after the pit close.
 
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