CL Redux

Looks like a wedge next week. I'm selling 97s and 89s I also still have that short on from yesterday at 93.76 I had my order to cover at 91.90 :( I'll make a game out of it... at 3:33 est I'll cover it no matter what the price is.
 
Quote from ammo:

,oil has no trend its like a suberball, it bounces from wall to wall
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Could there be no trend because this is the equilibrium price? This congestion pattern gets me hard just looking at it. For it to break it seems like there will need to be some fundamental change. War or cold fusion?
 

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Quote from riskaddict:

Could there be no trend because this is the equilibrium price? This congestion pattern gets me hard just looking at it. For it to break it seems like there will need to be some fundamental change. War or cold fusion?
More...

That's a great chart! Peak oil versus innovation/fracking/natural gas/renewables?
 
Why should I care all about that if I just want to capture $0.50 to $1.00 a day and go home without any position?

I do not care about the production, war, etc... :D

What I care are the events like BlueGold, sudden $100 gold sell-off, etc. Then the stops come into play.
 
5 paragraphs from the bottom on page 4 stats with 'that includes the markets for gold"...what if the price is controlled by 4 or 5 players and you are just a pawn on the chessboard,a german shorthair sent out with the hunter,you(we)have no clue,you just respond to the hunters instructions, the german shorthair having an expectation is a moot point,but he does get a pat on the head for effort http://www.rollingstone.com/politic...ial-scandal-yet-20130425?stop_mobi=yes&page=4
 
Quote from ammo:

5 paragraphs from the bottom on page 4 stats with 'that includes the markets for gold"...what if the price is controlled by 4 or 5 players and you are just a pawn on the chessboard,a german shorthair sent out with the hunter,you(we)have no clue,you just respond to the hunters instructions, the german shorthair having an expectation is a moot point,but he does get a pat on the head for effort http://www.rollingstone.com/politic...ial-scandal-yet-20130425?stop_mobi=yes&page=4
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Great article...
 
Quote from ammo:

stopped , different strokes for different folks, you have been spinning your opinion ,that will bite you in the tail,just trade what you see,its a jungle out there,people sitting there thinking get eaten by lions tigers and bears,stay alert... short 3.05
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91.60 bid for a reduc
 

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