CL Redux

EON Kid · Mar 10, 2011

Quote from Good Fortune:

Would any of you call this a typical shake and fake?

I doesn't look long, but I'm suspicious of this down trend

here's a crazy prediction, today will be the doji

NoDoji · Mar 10, 2011

Quote from BCE:

S3 = 100.72, a long way down there. Not seeing much support on the way down. Maybe fib levels.

Support Levels in Line:

101.55
101.11
100.37
100.15
99.54

Daily 20 EMA - 98.86

Prev S becomes R @ 102.36

I had a good short entry @ 103.16 off previous 103.33 becomes R a while ago. I was so tempted to place a sell limit at 103.30, but this thing's so volatile, I though it could fly up 30 more ticks in a nanosecond if that level didn't hold

ADD: I'm stepping away fro my desk for a while...

Good Fortune · Mar 10, 2011

Quote from EON Kid:

I doesn't look long, but I'm suspicious of this down trend

here's a crazy prediction, today will be the doji

I have a monthly trendline being tested and a level three support.

BCE · Mar 10, 2011

Quote from schizo:

Here we go boyz...TIMBER!!

InvestVision · Mar 10, 2011

Add 102.05

Quote from InvestVision:

Add 103.20

EON Kid · Mar 10, 2011

L 10121 .1s

BCE · Mar 10, 2011

Quote from InvestVision:

Oil futures slump on strong dollar
http://www.reuters.com/article/2011/03/10/us-markets-oil-idUSTRE71192R20110310?pageNumber=1

PRESSURE MOUNTS ON LIBYA

International pressure continues to mount after Russia said it would ban all weapons sales to Libya, while Germany ordered a freeze on bank accounts held by the Libyan central bank and the Libyan Investment Authority.

I think these two factors along with the Oklahoma excess surplus are driving this. I think Gaddafi is in trouble as the world slowly seems to be freezing him out. Even Russia which had refrained from being so involved before now seems to be joining the freeze out.

EON Kid · Mar 10, 2011

L 10118 .1s

stopped

DonCorleone · Mar 10, 2011

I see no catalyst to go long just yet. big boys cashing out today and start deflation talk?

i have S4 at 100.73. either hold here or another flush to the downside.

EON Kid · Mar 10, 2011

Quote from DonCorleone:

I see no catalyst to go long just yet. big boys cashing out today and start deflation talk?

i have S4 at 100.73

prolly target 100, I have S3 @ 100.72