Crude is retracing, actualy a good thing.

[Rickshaw Man]

 

[JackMorgan]

Even better since Im short from the 119's as posted here Wed

 

[MKTrader]

Crude peaked in July of 2008 and that's the highest it's ever gotten. With the actual seasonality and hype of "peak summer driving gas prices" ending in a couple of months, we could be seeing a long-term top...either now or very soon.

 

[hilmy83]

any correlation? maybe once oil backs up, equities will follow more to the downside?

 

[SunTrader]

Better yet, July Unleaded down -6.50%

 

[KCalhoun]

I trade SCO. . good today

 

[zdreg]

Even better since Im short from the 119's as posted here Wed

Maybe you are saying the truth this time but you post like a charlatan. Just post the link to your previous post.

 

[MKTrader]

Maybe you are saying the truth this time but you post like a charlatan. Just post the link to your statement.

It's like the old stock broker trick. Call 100 people and tell them the market is going up. Call another 100 and say it's going down. Keep doing this until you have a small group who think you're a genius. The ET version is to spam market calls all day, then cherry pick the ones where you're "right."

 

[zdreg]

It's like the old stock broker trick. Call 100 people and tell them the market is going up. Call another 100 and say it's going down. Keep doing this until you have a small group who think you're a genius. The ET version is to spam market calls all day, then cherry pick the ones where you're "right."

At this point he is not even cherry picking. He is just claiming that he posted his short on oil.

 

[MKTrader]

At this point he is not even cherry picking. He is just claiming that he posted his short on oil.

He posted a screen shot in another thread of his oil "call." But as I told him, unless he posts every call, with entry and exit points, it's meaningless. He said I was crazy for saying that, LOL. Anyone can spam here all day and be "right" around 50% of the time...and only post winning screenshots.