CL Redux

[enochbenjamin]

dollar seems to be taking a smack along with crude.

 

[bridenour]

Still planning to take half off if we get to $78...

 

[enochbenjamin]

I am predicting 7880 the approximate low for today.

 

[BPtrader]

some big bag holders couldn't take the pain anymore, they were dumping....... they were in panic......

 

[bridenour]

i think i am going to dump half at 79 instead...sitting on some decent gains dont want to see them totally evaporate with a crazy reaction to the report

 

[Speciaul_K]

Quote from enochbenjamin:

I am predicting 7880 the approximate low for today.

Was the same thing I was going to post, I guess ill take 7885

 

[bridenour]

Closed half SCO (1500) at 13.90

Holding 1400 more till $75 CL

 

[enochbenjamin]

Quote from enochbenjamin:

I am predicting 7880 the approximate low for today.

I think I will stop making predictions.

 

[enochbenjamin]

nice scalp short at 00

 

[BPtrader]

we may see 77 tomorrow.

given the trend of inventory build up, oil will retreat to $70 by the end of the month.