CL Redux

Balls... I was thinking 106 would be an interesting area but I didn't think it would go there instantly.

That line is a lin reg from 75 to now and it has worked splendidly to buy above and short below.
 

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Quote from riskaddict:

are you looking at that ledge from last thursday?

and are you targeting 106.90?
Shaken out on the retest. Reentered @62 and out @72. Shit. :)
 
Was waiting all morning for this overbought market to pullback but missed it when it started. Got some more sleep. Oh, well.

Durable goods were horrible. Housing's horrible. Ireland's voting on the Euro troubles. What will it take for a real pullback?
 
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