CL Redux

Quote from cstfx:

sh 7690 st .5

want to see if it takes out that support line (thx K)
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np, the line was pierced in the 8.30-9.00 half hour. But not in pit yet. I'll stay flat good luck to you
 

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Quote from Speciaul_K:

Im going flat into inventory. The api #'s dont look right. Anyone taking a spin on the eia wheel?
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Before the report? No thank you.

Is there someone buying at .70-.80 by the boatload or is it my imagination?
 
Quote from Speciaul_K:

Im going flat into inventory. The api #'s dont look right. Anyone taking a spin on the eia wheel?
More...

No thanks. Took a spin on my favorite wheel in pre-market (the breakout wheel) and it seems to hit my number every time :D
 
Quote from Picaso:

Before the report? No thank you.

Is there someone buying at .70-.80 by the boatload or is it my imagination?
More...
I think we might have a draw. The api shows imports were down and the build look to be too big. Plus ma spending pulse said yesterday demand for rbob was up 1.7%. I would expect the import number to be correct and the spendingpulse. But the indexes look - today so I'll wait
 
Quote from Speciaul_K:

I think we might have a draw. The api shows imports were down and the build look to be too big. Plus ma spending pulse said yesterday demand for rbob was up 1.7%. I would expect the import number to be correct and the spendingpulse. But the indexes look - today so I'll wait
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As far as I know, and a friend that use to a be at the PIT in the NYMEX, told me that if if we are going to get a big draw on Crude Inventories, this week will be the last chance, since everything is already storage for the rest of the summer and plus.

Just something to have in mind.
 
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