CL Redux

[EON Kid]

GM, with yesterdays narrow range inside day, potential for a massive move today. especially with crude #s

as a guide short below YLOD & L above YHOD

 

[EON Kid]

06/13/2012 10:30 *DJ DOE: US Crude Oil Stocks -0.191M Bbl In Wk; Seen -1.6M Bbl

 

[ammo]

Quote from ammo:

long 83 03 reverse at 19..82.7 bid

add .43 out 73

 

[Laissez Faire]

Pretty amazing run here with only very minor retraces.

Average range completed in one swing and we`re not even done yet.

 

[EON Kid]

Quote from Laissez Faire:

Pretty amazing run here with only very minor retraces.

Average range completed in one swing and we`re not even done yet.

get long the pull back, next stop 90

 

[InvestVision]

close Longs 8390

Quote from InvestVision:

add 8425

 

[tstones]

trendline on daily around here, breakout pending.

 

[Laissez Faire]

Quote from tstones:

trendline on daily around here, breakout pending.

Mind posting a chart? I don`t see it.

I like the bear rug, Kid.

FWIW, I`m trying a short at 85 with a 10 tick stop.

EDIT: Will scratch it at 90. May not get a deep pullback on this one. Indices looking strong as well.

 

[tstones]

Here it is. I agree 90 is in the card.

Quote from Laissez Faire:

Mind posting a chart? I don`t see it.

I like the bear rug, Kid.

FWIW, I`m trying a short at 85 with a 10 tick stop.

EDIT: Will scratch it at 90. May not get a deep pullback on this one. Indices looking strong as well.

 

[Laissez Faire]

Quote from tstones:

Here it is. I agree 90 is in the card.

90 as in 83,90?

I think we pull back to 83,20-30 now. If not support there, then all the way down to 83.

The problem with trend lines, if I may speek freely, is that there is a subjective element added when people draw them. I could see the one on your charts drawn differently.