CL Redux

[HuggieBear]

I will reduce exposure back at 73.77 or so...maybe down to 2 lots.

 

[Speciaul_K]

Right there with you guys. Im expecting this to run up to 74+- overnight. Might lighten up there. Could retest Thurs low during pit. I just think the man is trying to shake weak longs. On top of many other reasons.

 

[heech]

Heard completely random rumor from my ICE pit guy that BlueGold out of London might be underwater/troubled, and that this might have been behind some of the extra volatility.

Take it with a huge grain of salt.

 

[Speciaul_K]

Quote from heech:

Heard completely random rumor from my ICE pit guy that BlueGold out of London might be underwater/troubled, and that this might have been behind some of the extra volatility.

Take it with a huge grain of salt.

Could have been who banged the close yesterday

 

[BPtrader]

Quote from HuggieBear:

I am holding 4 lots at 73.77.


I am planning to go down with the ship.

If tomorrow's employment number is bad, the stock market will sell off and drag down oil with it. You may see 60s next week and 50s next month. Before you know, oil will be back at $48 a barrel.

 

[HuggieBear]

Quote from BPtrader:

If tomorrow's employment number is bad, the stock market will sell off and drag down oil with it. You may see 60s next week and 50s next month. Before you know, oil will be back at $48 a barrel.

Hogballs, sir.

 

[saliva]

Quote from BPtrader:

If tomorrow's employment number is bad, the stock market will sell off and drag down oil with it. You may see 60s next week and 50s next month. Before you know, oil will be back at $48 a barrel.

No doubt, it looks bearish. But I'm of the opinion that the equity market and the oil market will soon go their separate ways. Tomorrow's unemployment number will be bad for sure. But guess what? It's already priced in. Haven't ya noticed the selloff today?

 

[limitupmike2]

lmao..ice has a pit? if so..like 1 turder there!..oops trader!

 

[saliva]

Man, who the hell cares? I just want to bail out at b/e!

Mike, if this is your first post here, I suggest you scroll up to the first page and observe the posting rules. Needless to say, those who post realtime trades are given priority. But I'm sure you heard me say this elsewhere. Hope to see you back here tomorrow when the market is open.

 

[OTCkrak]

Quote from BPtrader:

If tomorrow's employment number is bad, the stock market will sell off and drag down oil with it. You may see 60s next week and 50s next month. Before you know, oil will be back at $48 a barrel.

dude.. if the number is bad... dollar will fall and equities rally