CL Redux

[InvestVision]

Seems 107.50 test before 108.50 test

Quote from InvestVision:

Greek foreign minister: "It is clear that the (Libyan) administration is looking for a solution"

http://www.cnn.com/2011/WORLD/africa/04/04/libya.war/index.html

 

[Daxspreader]

Quote from Visaria:

Big move? Which way?

Must be on the downside, i reckon mass profit taking by institutions.

I'd say down! I guess the fact that Brent making repeated new highs and CL just kept ticking down, would suggest there are a lot of sellers out there waiting with offers.

Im geared up for a sell, and will be looking for move down in Brent as well to confirm. Its difficult to stay short when brent keeps getting bidded up!

But i agree with the other posters - providing no more stupid things going on in Brent, then 107 has definitely got to be a target for this session IMO.

Good luck fellas.........

 

[Visaria]

short at 10795

 

[Visaria]

out 805

 

[Holey Grail]

Quote from Holey Grail:

Really looks to me like it wants to sell off.

guess not

 

[Visaria]

long at 828, stop 808

 

[Daxspreader]

Short 108.25

 

[Daxspreader]

Quote from Daxspreader:

Short 108.25

out of half 108.13

S/L @ B/E for remaining

 

[Daxspreader]

Quote from Daxspreader:


Short 108.25

ADD: out of half 108.13

S/L @ B/E for remaining

Closed remaining half position at entry level 108.25

 

[Daxspreader]

short 108.30 (S/L @ 108.38)