CL Redux

Quote from BPtrader:

what are u doing? swing trading?
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Well, is that a rhetorical question that requires no response

OR

do you really expect me to think that the target of 78 can be hit in a single day?

:)
 
Quote from saliva:

Here's what I think will happen. Initially, they'll try to push this market down. But after two or three attempts, it will quickly reverse course and rip higher. Of course, take everything I say with a grain of salt.
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To continue with my utterly worthless prediction, methinks we'll gap up in the morning only to sell off into the inventory numbers. But beware! We could roar higher afterwards. Another catalyst might be the FOMC meeting, which will be tweaked to push the equity market higher.
 
Quote from saliva:

Well, is that a rhetorical question that requires no response

OR

do you really expect me to think that the target of 78 can be hit in a single day?

:)
More...

u got us into CL day trading, but you ran away first. :D :D :D

You are now General Betrayus.
 
Quote from BPtrader:

u got us into CL day trading, but you ran away first. :D :D :D

You are now General Betrayus.
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You can do both. If you see a reversal in trend it is wise to swing trade it while daytrading the position around.
 
Quote from saliva:

Rip, baby, rip!!!

:D :D :D

I'm only surprised they didn't try to push this baby down first. My oh my...
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Im really hoping it will get above 75 before close. Right now its got a ceiling of 7485. Someone go throw a buy mrkt 500 contracts:D
 
Quote from BPtrader:

u got us into CL day trading, but you ran away first. :D :D :D

You are now General Betrayus.
More...
Yes, I'm a day trader by choice. I would proudly wear the badge of honor as a daytrader than anything else, but there are times when exception is made like now. These are when I feel the market is about to reverse. But rest assured, I am not a swinger nor a position trader (god forbid!) by any stretch of the imagination.
 
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