CL Redux

Quote from DonCorleone:

here's what yahoo finance had to say about the crude runup:

http://tinyurl.com/3etnjur
Thanks DC. Still don't understand the spike. Not that it shouldn't be up, but............ Thanks.

I tried a few shorts earlier right before the report @.30 but got stopped out twice. Oh, well.

I was too biased today in favor of my take on the market, which is that it's overbought. This is always a mistake for intraday trading especially. I knew better but just ignored my better judgment. Obviously having a bias keeps you from tuning in to what's actually going on. Coulda, shoulda, woulda.
 
Believe it or not I was just going to short @.88 and missed it literally by a split second. Was just going to click on it and ................................ Not my day. :(
 
Quote from BCE:

Thanks DC. Still don't understand the spike. Not that it shouldn't be up, but............ Thanks.

I tried a few shorts earlier right before the report @.30 but got stopped out twice. Oh, well.

I was too biased today in favor of my take on the market, which is that it's overbought. This is always a mistake for intraday trading especially. I knew better but just ignored my better judgment. Obviously having a bias keeps you from tuning in to what's actually going on. Coulda, shoulda, woulda.

leave the CSW to me. the short play at 99.4 area is playing out almost perfectly now. :mad:
 
I'm afraid to go long or short here. Seems overbought maybe. May have more downside before a rebound. Or not. That's my definitive take. :)

ADD: Maybe it's just basing.
 
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