CL Redux

Quote from cdcaveman:

i can't imagine calls being cheap here..

I paid .04, which like u said on the upticks right now, wasn't cheap. I realize they're way out of the money. 115 - 120 actually seems possible this week, depending on a lot of ifs?
 
Quote from rockn:

I paid .04, which like u said on the upticks right now, wasn't cheap. I realize they're way out of the money. 115 - 120 actually seems possible this week, depending on a lot of ifs?

thats crazy madness.. good luck..
 
<b>Three days of airstrikes plannedM</b>

http://worldnews.nbcnews.com/_news/...n-syria-as-early-as-thursday-us-officials-say

Senior officials told NBC News that Defense Department planning had advanced to the point that three days of strikes were anticipated, after which strategists could run an assessment and target what was missed in further rounds.

Many Americans asked about the slaughter in Syria are torn as to how the U.S. should get involved. NBC's Kevin Tibbles reports.

U.S. missile strikes would almost certainly be launched from Navy destroyers or submarines in the Mediterranean Sea. The U.S. in recent days has moved destroyers closer to Syria, which sits on the sea's eastern edge, but that was mostly a symbolic move.

<b>U.S. Tomahawk missiles are so precise that they can hit not just buildings but also specific windows, </b> and they could hit Syrian targets from far farther west in the Mediterranean.

<b>Navy officials said four destroyers are lined up ready to strike: the USS Barry, the USS Mahan, the USS Ramage and the USS Gravely.</b>

Tuesday, a fifth guided-missile destroyer, the USS Stout, also entered the Mediterranean, through the Straights of Gibraltar, but officials said it wouldn't take part in any cruise missile attack.

"The four destroyers now in place have more than enough cruise missiles," one official said.
 
The Arab League holds Syria "fully responsible for the ugly crime and

http://www.jpost.com/Middle-East/Arab-League-Syria-attack-perpetrators-must-face-justice-324422


The Arab League holds Syria "fully responsible for the ugly crime and demands that all the perpetrators of this heinous crime be presented for international trials", the statement said.

It also called on UN Security Council members to overcome their differences and take "the necessary resolutions against the perpetrators of this crime".

--
The two countries have been among the most ardent backers of Syria's rebels and have pressed for firmer action against Assad.

Saudi Foreign Minister Saud al-Faisal urged the international community on Tuesday to take a "serious and decisive" stand against the Syrian leader.

<b>Syria's civil war has split the region broadly along sectarian lines. == Shi'ite Muslim Iran, and its allies in Lebanon and Iraq, have supported Assad.
-- The Gulf Arab states have backed the mainly Sunni Muslim rebels, many of whom are Islamist militants.
</b>
Iraq and Lebanon, as well as Algeria, withheld their backing for the Arab League statement or parts of it on Tuesday, as they have done in the past.

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Went long at $110.00, a small amount (on my long term account). We have a technical breakout on the daily chart, we have fundamental support from the Syria situation. If that really hotted up, $120+ would be on the cards.
 
reasons for higher close

1/ Gasoline futures (RBOB) up 1.6% where as crude 0.7% ( at 109.70 ), divergence shows we are headed to 110.50 close today

2/ if big short FUND traders are trying to close their SHORT positions today ( people who still did not close yet ) ,that is time we see this push to 110.50+ at close

3/ Also all the SHORT DAYTRADE positions will come to close their positions at pit close ( who wants open SHORT to night ?) , that should also push this bit high ... let us see
 
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