CL Redux

It was action you wanted? Action it was. :) Quite a reversal.

ADD: I wonder if this could be any fund managers adding the last day of the month to say, "Hell, yeah we were long crude, and it had a great month."
 
Quote from Zr1Trader:

Coulda woulda shoulda at 105.06 :)
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Me 2. :) Who would have thought it? Just goes to prove how unpredictable CL is.

Now I know someone will come on here and post my quote and say, "Oh, yeah I knew it would rebound like that." Please spare us. If you're going to make those statements, then post your trades in real-time. Then we'll congratulate you.
 
The thing is you look at the inside bid now, even after the close, and they're big. Maybe this is the Israelis. :) I tried a short around 107 but bailed as I'm not sure where this is headed. I'll call it a day. The indices are all over the place. Earlier the trades were cleaner.

ADD: And I missed the break at the end from 106.40 as I had already checked out. Oh, well. Who needs easy $$. I like more of a challenge. :p
 
Quote from BCE:

The thing is you look at the inside bid now, even after the close, and they're big. Maybe this is the Israelis. :) I tried a short around 107 but bailed as I'm not sure where this is headed. I'll call it a day. The indices are all over the place. Earlier the trades were cleaner.
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I am tempted to short too but it'll be probably chop around or eek out little bit more... Late in the day too. I agree time to stop for the day
 
Quote from chinook:

I am tempted to short too but it'll be probably chop around or eek out little bit more... Late in the day too. I agree time to stop for the day
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Yeah really. Amazing bounce off the LOD. Who knew? Didn't most of us think this would head lower in the next few days? I sure did. I was looking for a bounce maybe to 106 or little above that and then back down to 105. It was that last 10 min 1 point jump.

This makes a point about "thinking and trading". :)
 
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