Crude bounce.....

traderguy02 · Mar 21, 2006

shorted on Friday and held over the weekend...hows that for nutsy....not doing so well today though

spoofy · Mar 21, 2006

i shorted on friday as well but sold yesterday. i am just watching things now.. tomorrow should be a fun day

GlobalFinancier · Mar 28, 2006

Ackhm! Coughs loudly.
65.30 May contracts.

traderguy02 · Mar 28, 2006

66 bucks a bucket...not bad...I have to admit I am taking my fair share of heat at the moment...Oil has been nothing but a gutter ball for the past 2 months just doesn't want to break a channel barrier...my bones are telling me to stick to my guns though...nuts are running the market now...but brains will kick in eventually

Surdo · Mar 28, 2006

Watch out during tommorows inventory report/manipulation.
Shorts will be run to new highs and out of the tree!

I am waiting to short this rally.

traderguy02 · Mar 28, 2006

thats true...you can't always count on those virtuous energy reports

steveosborne · Mar 28, 2006

Quote from Surdo:

Watch out during tommorows inventory report/manipulation.
Shorts will be run to new highs and out of the tree!

I am waiting to short this rally.

Oil peaked during the previous two Fed meetings (Dec. and Jan.). Let's see if it does it again after today's Fed meeting.

traderguy02 · Mar 28, 2006

followed by ski slope.....

Surdo · Mar 28, 2006

Just watch out for the icy patches on the way down and enjoy the ride!

patbateman · Mar 28, 2006

Well, crude broke out to the upside outside of this choppy range trade.......oil will make new all time highs in the next 2 weeks. You must follow the trend! Do not fade this market! do i have to repeat that?