CL Redux

[schizo]

Long 80.82

Stop 80.47

 

[trackstar]

Quote from schizo:

Long 80.82

Stop 80.47

damn! wish i would have been quick enough to spot that one! hindsight makes it so obvious!

 

[schizo]

Quote from schizo:

Long 80.82

Stop 80.47

Half out 81.15

 

[schizo]

Quote from schizo:

Half out 81.15

Rest out 81.25

 

[schizo]

I'm willing to bet something will happen over the weekend that will push this market down next week. It's uncanny to the point of being cheesy how sociopolitical events perfectly align with the major turning points on the chart.

 

[schizo]

Small short 81.19

SL 36

 

[schizo]

some bastard is trying to prop this baby up.

 

[DarthSidious]

Quote from schizo:I'm willing to bet something will happen over the weekend that will push this market down next week. It's uncanny to the point of being cheesy how sociopolitical events perfectly align with the major turning points on the chart.

Abrupt Sociopolitical events tend to push oil up. What can happen that would make prices go down (I mean significantly)?

 

[schizo]

Quote from DarthSidious:

Abrupt Sociopolitical events tend to push oil up. What can happen that would make prices go down (I mean significantly)?

Greece defaults on its debt?

 

[DarthSidious]

Quote from schizo:Greece defaults on its debt?

hmm. The Greek or the Europeans would have no money to buy oil, so oil would go down? maybe... don't know. I ask because I have been short the 82 straddle since last week. I may be able to trade my way out of a loss if the price moves hard RTH. For weekend shock events I have a 87call, but have no downside protection at this time. we will see. BTW huge activity on 85 call (1.8K ctx) and 80 puts today (3k ctx)