CL Redux

schizo · Oct 20, 2009

Quote from schizo:

Long 79.03

Stop below LOD

stopped 78.68

schizo · Oct 20, 2009

One more long at 78.50

Stop 78.35

schizo · Oct 20, 2009

Quote from schizo:

One more long at 78.50

Stop 78.35

Out 78.69

killthesunshine · Oct 20, 2009

Quote from schizo:

stopped 78.68

i'm surprised you were stopped..i liked this trade. after you posted it i said to myself "what a great trade because now way this will go below the LOD not TODAY of all days. "

schizo · Oct 20, 2009

Long 78.72

schizo · Oct 20, 2009

Quote from killthesunshine:

i'm surprised you were stopped..i liked this trade. after you posted it i said to myself "what a great trade because now way this will go below the LOD not TODAY of all days. "

Well my entry wasn't so good and I should have gotten out sooner. But these things happen. Hopefully I'll be able to de better on this trade.

schizo · Oct 20, 2009

Quote from schizo:

Long 78.72

out 78.79

schizo · Oct 20, 2009

At the moment, CL is moving in synch with the equity market. Personally, I believe the stock market is outta whack at the moment and to mirror such a crazy move is not to my liking so I'm not feeling too great going forward.

schizo · Oct 20, 2009

Long 78.37

Stop 78.30

schizo · Oct 20, 2009

It appears that ES is bottoming out here, so my guess is that CL will also follow suit.

I anticipate a short squeeze within the next 30 minutes.