CL Redux

[Visaria]

ES approaching low of the day.

 

[DonCorleone]

c'mon Black Friday. arrive already.

 

[JoshDance]

(11:14am ET) And oil gives one more "up yours" to the majority earlier who guessed and thought they could pick the bottom at .71... (I was one of them but I closed early for profit rather than be a bottom-picker)....

 

[JoshDance]

I think we have seen LOD at 95.60.. technicals point to longs IMO at this point.

 

[Visaria]

Quote from Visaria:

I reentered at 9730, stop 50 t, apols for delay, i can't understand that rally.

stop moved to 20t

 

[startraitor]

long 96, target 97+

 

[Visaria]

Quote from JoshDance:

I think we have seen LOD at 95.60.. technicals point to longs IMO at this point.

You may be right, but can you expound on this?

 

[Visaria]

Sometimes what happens (and i'm not saying it's today), buyers keep coming in, hoping for bargains, market goes lower, takes them out, they go back in, repeat until they have has enough and refuse to buy.

Then you have the big sudden move on the downside, simply because the buyers have all given up and there are only sellers.

 

[DonCorleone]

shorted one more at .22, .1 stop

 

[EON Kid]

looks like some buying on all :eek: