CL Redux

Badeco · Feb 16, 2011

March/April spread is closing quite fast. Over 10 ticks in the last 20 minutes...

BCE · Feb 16, 2011

Quote from tzachi:

I am sure about the crazy. Not sure how the trade will end. In NY subway there was a promotion by the NY Lottery: "Its just a dollar and a dream. Hey, you never know."

Only 25 ticks down now and news can move 100 any direction, so "hey, you never know"

The keywords being "any direction".

Good luck with that.

NoDoji · Feb 16, 2011

Quote from tzachi:

I am sure about the crazy. Not sure how the trade will end. In NY subway there was a promotion by the NY Lottery: "Its just a dollar and a dream. Hey, you never know."

Only 25 ticks down now and news can move 100 any direction, so "hey, you never know"

I'll confess, I'm trading with a bias today, going long and sitting on my hands during that entire drop off the highs, waiting for another long setup. There was a good long setup on the breakout that retraced the entire bar.

BCE · Feb 16, 2011

DX http://www.barchart.com/chart.php?s...ddindicator=&submitted=1&fpage=&txtDate=#jump

The volume is pretty close on CL 03-11 and 04-11.

Inventories in a sec.

Badeco · Feb 16, 2011

April/March spread is closing fast, over 10 ticks in the last 20 minutes

NoDoji · Feb 16, 2011

Was there some technical significance to support @ 84.40?

NoDoji · Feb 16, 2011

Go, tzachi, go!!!

NoDoji · Feb 16, 2011

I'm leaving my desk for at least 2 hours. Since I have a long bias, I can't recommend my absence as a valid short signal

tlow · Feb 16, 2011

Quote from BCE:

We're all in the same boat in the West. Too early. I didn't get the ports and firewalls issue straightened out yet. We'll hook up later. I'm using NT 6.5 for now. Thanks for your help.

Ya oh well...at least we are done by midday? You guys getting hammered by rain? San Diego news is so funny, theres a little rain and 15 mph winds and you would think its the Armageddon of storms...

I guess its all relative...sorry back on topic.

cherubian · Feb 16, 2011

Ya, I love the west coast, but the trading hours sure do suck. Guess after enough years it has got easier to wake up at 4:30 during earnings season, and now 5:30 for CL, but still makes it difficult to get reckless on a week night.