CL Redux

[BCE]

Another reality here is this is near the end of the month so there's the window dressing issue for fund managers.

 

[BCE]

Kind of a weird morning. Decided to trade TF instead this morning and shorted it but it just sat there for 5 mins and I exited with a 2 tick loss. CL was a better play. Oh, well. We'll see what we get at the NYSE open.

 

[BCE]

Computer's running slow. Going to reboot.

Feb. 28, 2012, 9:08 a.m. EST
U.S. home prices at lows following December drop

WASHINGTON (MarketWatch) -- U.S. home prices fell 1.1% in December to bring the year-over-year fall to 4%, according to the Case-Shiller home price index released Tuesday. The 20-city composite is at its lowest level since the housing crisis began in mid-2006. Prices in hard-hit Detroit declined 3.8% in December, and only Phoenix and Miami saw price gains.

 

[Zr1Trader]

Quote from BCE:

Kind of a weird morning. Decided to trade TF instead this morning and shorted it but it just sat there for 5 mins and I exited with a 2 tick loss. CL was a better play. Oh, well. We'll see what we get at the NYSE open.

I like trading TF for a swing or two in the afternoon after oil session closes up... good volatile market.

 

[tenthousandmen]

I like tf

 

[BCE]

Nooooooooooow it sells off. Maybe your H&S observation may play out here. Consumer confidence in 15 min.

 

[Zr1Trader]

Wow, that was a nice liittle squeeze there. Watch out for blowing all pending longs at top then puking back short.

 

[BCE]

Here's DX.

 

[Zr1Trader]

Blown em and puke em.

 

[BCE]

Market's ignoring the whole Greece default issue.