Choppy day 2day in the clq
CL Redux
- Thread starter schizo
- Start date
Any of you ladies trading today
haven't see an opening like this Oil in a while, I was expecting a very directional moves today, but we have been bouncing for the last 2 hours.Quote from Speciaul_K:
Any of you ladies trading today
interesting to see how we close b/c news out of Europe tonight is going to be bearish, it should weigh on crude prices in the am.
Really how you know they are going to be bearish?.........what's coming?.........maybe that's what the market it's waiting for.
England austerity plan, they are kitchen sinking it....bring back budget deficits in focus in europe, then follow through tomorrow with housing in us.......we should be red tomorrow for sure.
Thanks.
Im thinking its positions rolling over. No one probably wants to run the market over 8000 till thats done. Maybe letting all the short money get in then twist the market higher.
the topic overnight was the yuan revaluation, slower growth in europe due to austerity plans will be the topic in europe tonight, plus this yuan revaluation is overdone, china is just postering before g-20, good for a trade, that`s it....they aren`t meaningfully going to let their currency appreciate to make any difference, they have built a superpower by manipulation their currency....they aren`t about to start changing tactics.