CL Redux

[Picaso]

Long .92 out .90 (slippage)

Friday the 113th

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Thin tape or am I not seeing right?

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Edit :33

That's the May contract.

Thank you, Kid

 

[EON Kid]

Quote from Picaso:

Long .92 out .90 (slippage)

Friday the 113th

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Thin tape or am I not seeing right?

50/50 vol on both contracts

http://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude.html



03/18/2011 09:00 *DJ Libya To Release Four Missing New York Times Journalists

 

[BCE]

Trying L 101.80 See what we get here. Probably goes to 99.

Out 101.70. Could feel that. Oh, well.

 

[trader198]

happy morning,tiny position (3lots) with 5digit gain.
loaded NQ/YM/ES,oversold.

fundamental anaylsis does a superjob for me.

 

[Picaso]

I would really appreciate it if people abided by the rules of the thread.

 

[InvestVision]

Out. 101.70

These big traders have phone lines to some of the gaddafi staff ( about cease fire ) , look at that drop to 102.50 ( as they started selling ) 2 hours before news broke

Quote from InvestVision:

Long 10175

 

[riskaddict]

Quote from riskaddict:

revenge trade for tonight adding 1 short at 101.525

Covered 2 at 101 leaving one short until eod. That wasn't to stressful

 

[BCE]

Seems like it's trying to digest the reality of the Libyan developments.

 

[EON Kid]

Quote from InvestVision:

Now gaddafi govt. is paper tiger

with UN authorization now , any Libyan flight rising will be SHOT in minutes , forget reaching Mediterranean sea to destroy foreign military .

Here is one scenario that will play out in next 2 weeks
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- Now majority of Libyan forces ( 30 to 40% ?) are around Bengazi , once once UN air force intimidate these force in next few days with false bombing ( no killing but adjacent bombing ) , majority of these gaddafi hired army will flee.

- Then Rebels can take over all these 40% libyan ammunition, , tanks and re-capture majority of Libyan cities back .

- With this with out foreign boots on ground , Rebels will take over Tripoli and out gaddafi .

- may be this may be planned strategy from US/EU generals for delaying UN vote ( with consultationn with Rebels ) so that they can outs gaddafi easily.
- think about it with with no-fly zone 2 weeks ago , how hard is it to capture all the gaddafi ground forces for Rebels. Now 40% of the gaddafi forces are near Bengazi they make these army assets ( tanks etc. ) their own and use against gaddafi tripoli

so the ceasefire is to allow them to pull back to Tripoli, I guess the SAS has planted a few explosives to keep things rolling

 

[BCE]

Quote from riskaddict:

Covered 2 at 101 leaving one short until eod. That wasn't too stressful

Well done.