CL Redux

Quote from BCE:

Of course what's interesting is, a couple of days ago, when I did try this, and thought I had it just right, I had the wrong side of the eventual and longer term trend, and let my profit disappear and missed the reversal. Cheers. :)
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That's the $1M question if the day will be a trend or choppy day. The best way not to deal with this dilemma would be to go into HFT trading -- if I only had $10M to start my team :)
 
Quote from BCE:

Hey, you've got to give me some points for being able to make fun of and laugh at all this. :)

Sob, sob............................................................:D

I'll be joining my friend here shortly.

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LOL, who knows maybe he's managing a $500M fund :)
 
Yoo Hoo. Indices. Calling the indices. Hate to interrupt your bullish run, but just a couple of questions. Did you realize crude is now over 108 a barrel? How will that bode for a recovery?
 
Let's look at the upside of oil.

If it continues to go up with anticipation of mid-east crisis, how high can it go without an actual crisis?

If US attacks Iran, oil will fly. But we are talking about NO US attack, just anticipation of an attack.

I will venture a number: 110. Top.
 
Quote from beachhouse:

Let's look at the upside of oil.

If it continues to go up with anticipation of mid-east crisis, how high can it go without an actual crisis?

If US attacks Iran, oil will fly. But we are talking about NO US attack, just anticipation of an attack.

I will venture a number: 110. Top.
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Maybe Iran is just bluffing and making lots of money both in the derivatives and cash markets :)

Edit: By Iran, I mean a handful of people who has the power including behind the scenes.
 
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