CL Redux

I don't know if the ovx even means anything but shouldn't it have gone up at least a little over the last 2 or 3 days? This is making me want to get long maybe if we retest that 72.80 area again. Or maybe this is only the start of the move down oil bulls might not get scared until 71.

oil bull in the wild...

<a href="http://s1219.photobucket.com/albums/dd438/bswansen1/?action=view&current=oilbull.jpg" target="_blank"><img src="http://i1219.photobucket.com/albums/dd438/bswansen1/oilbull.jpg" border="0" alt="Photobucket"></a>
 
Quote from startraitor:

Stepped out to the apple orchard across the street and missed the second part of my orignal gameplan damn. The donuts were good though!
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That's not as bad as watching the chart intently, deciding to put on a trade, changing your mind, thinking about it again, deciding against it again, then watching the price suddenly drop 50 ticks from your intended entry price in a single 5 minute bar. Was that when you stepped out to the orchard? If so, you should be ashamed for not pre-announcing your departure :p
 
Speaking of housing any of you traders want to diversify into real estate and buy a two unit vacation rental in OC, NJ? I'm not exactly Mr Fix it !

I'm still straddling, Long a few qm's and long a few 76 and 77 puts on the front month CL. Looking for 71 to make a decision or if can can get back above that broken hourly TL in the next day or so I'll have to get longish.
 
Quote from riskaddict:

Just got net short at .80 on the X0 he knocked on the bottom of the TL and she said no. If he penetrates it now there will be trouble.
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waht is X0 ?
 
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