CL Redux

Quote from HuggieBear:

gonna take a miracle for this thing not to break higher...if the market is up tomorrow, so will this be.
More...

Just looking at the SPX daily I could see the broad equities market moving higher. Some indecision in the US markets, we'll see how the Asians and Europeans push and pull on our Monday open. Looks like there wont be much news tomorrow morning acording to the economic calendar.

Im gonna trade the first hour tomorrow, then I have to drive to San Antonio for some shit I dont want to do :mad:

Good luck to all the swing traders here with open positions. I hope your trades work out. FWIW I agree with the short bias most of you have, we'll see if the rest of the world does as well.
 
Spent one of my least favorite years in San Antone....helluva place, but i did meet a nice philly there.


Anyway, I've been pretty bearish since late december, but the market action recently has left me feeling like we are heading higher. The market is taking most bad news in stride these days. Not sure when its going to happen , but seems like we will break higher shortly.

I hope not....i'd like another dip to get long on....
 
Just covered my short. Obviously could be wrong but its looking more and more like a big up day, especially for crude.


I will definitely get short again later in the day if we break out to the upside. I just have a hard time believing crude is going to breakout towards $90 given the situation. if that happens, then the future is very grim...
 
Quote from HuggieBear:

yeah, i would have preferred to cover .75 lower, but i dont feel too bad being out. I still fear a monday bull rush.
More...

I concur with your bull rush assessment, I hope they push it back up to 80.60 area so I can short again.
 
You must log in or register to reply here.
Back
Top