CL Redux

trader198 · Jun 10, 2010

look at THO, fast money

Blubaru_555 · Jun 10, 2010

dollar index is sitting at the high of the day, which makes a rally in crude look rather difficult

EON Kid · Jun 10, 2010

Quote from EON Kid:

7572 key hump level

http://stockcharts.com/charts/gallery.html?$WTIC

Looks like 7572 did have some effect on price today If CL can near it again it should clear it.

Blubaru_555 · Jun 10, 2010

long 75.30
stop 75.00

target, 76.10?

spd · Jun 10, 2010

Short @ 75.36

looking to take out 75

spd · Jun 10, 2010

Quote from spd:

Short @ 75.36

looking to take out 75

I got my stop @ 75.30

74.64 bid, only short 1 lot. May exit early.

spd · Jun 10, 2010

Quote from spd:

I got my stop @ 75.30

74.64 bid, only short 1 lot. May exit early.

Flat

Trailed my stop, got tagged @ 75.12

EON Kid · Jun 10, 2010

Quote from Blubaru_555:

long 75.30
stop 75.00

target, 76.10?

Why 76.10 ?

Blubaru_555 · Jun 10, 2010

not exact, just figure we're gonna get near the high again

moved stop to 75.10

does anyone know in what way is CL correlated, if at all, to GC now?

trader198 · Jun 10, 2010

just covered it with 0.1 point gain , the closing is near.

Quote from trader198:

[B sell it at 4.740, not cover it yet, hope to cover it at 4.63 again? [/B]