CL Redux

Speciaul_K · Mar 10, 2010

Quote from NoDoji:

I sure hope BP's long after all his $85 hype

He probably bought 85 calls that will expire worthless with oil only going to 8499

spd · Mar 10, 2010

Quote from Speciaul_K:

He probably bought 85 calls that will expire worthless with oil only going to 8499

No no, he knows wall street and airline insiders.

owusu · Mar 10, 2010

82.93 short

NoDoji · Mar 10, 2010

I haven't traded a single thing all morning. The CL breakouts are growing more shallow now. I'll watch for a reversal signal later on.

Speciaul_K · Mar 10, 2010

Resistance I have is 8300 and 8350

owusu · Mar 10, 2010

Quote from owusu:

82.93 short

out at 83, the buying pressure is too strong. Will look to short again if we manage to get to 83.30 area

schizo · Mar 10, 2010

Alright folks, gimme the next reversal. My broken crystal ball sez 83.40-ish. Any thoughts?

Anyway, this market is one resilient sob.

Speciaul_K · Mar 10, 2010

shrt 8284
sl 8304

spd · Mar 10, 2010

If the low @ 82.64 is taken out Id consider going short.

My head is not in it today, so I am not trading. Dont feel like giving strangers money because I have a lot on my mind.

Good luck all.

Speciaul_K · Mar 10, 2010

The key for the day is how this 30minute bar closes