CL Redux

if we hang around this area or higher I would be looking towards 99 tomorrow or tomorrow night. I was looking for a break of 95 but since it did happen and my chalk board told me to get neutral above that line which is basically taking the loss I can't do much of anything until 99 or 95 happens so I guess I'll go buy gold again.
 
02/13/2013 10:30 *DJ DOE: US Crude Oil Stocks +0.56M Bbl In Wk; Seen +2.3M Bbl

02/13/2013 10:30 *DJ DOE: US Crude Oil Stocks +0.56 Mln Bbl At 372.245 Mln Bbl
 
makes a little more sense last nights number confused the shit out of me. That distillates number is crazy though. Look at that euro getting spanked off that 35 when I woke up I was like I need to short the euro but then I made these pancakes with oatmeal and flax seed and I've been shitting my brains out so I forgot all about it.
 
a break above this 3 dollar wide rectangle would put us at 101 which is right around that monthly upper channel. If this actually happens I'll print this chart and frame it because I can't really imagine anything more beautiful.
 

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No kidding. CL has been terrible this year.

I think if $98 hits again sometime this week a strong breakout to $103-105 is follows.
 
Quote from LGS1:

No kidding. CL has been terrible this year.

I think if $98 hits again sometime this week a strong breakout to $103-105 is follows.

I hope a strong move down takes place, gas prices are up 30 cents here this week. I have a Titan that gets terrible mileage.... I need a Prius!!!
 
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