Crude is screwed, man.

dealmaker said:
  1. Raoul Pal‏@RaoulGMI 19h19 hours ago



    Wow! Mention that you are bearish #oil and its like you insulted the oil longs' mothers! You are too emotionally involved in the trade...

    33 replies 18 retweets 232 likes
    1. Raoul Pal‏@RaoulGMI 23h23 hours ago



      When #oil breaks $47, it is the final signal that its going to $20, in my view. This sell off has long been expected, after a perfect set up

      39 replies 68 retweets 172 likes
More...
%%
Dont know why any longs would insult shorts; many of shorts catch a trend[TX TEA] early, notice that?? NOT likely @ all,it goes to $20, but like Rich Dennis said ''expect extremes''
 

  1. For What It's Worth‏@FWIWmacro 9h9 hours ago



    At nearly 9.3M bpd, US #oil production has recovered by almost 800K bpd. Direct transfer of profits from OPEC to US E&Ps.

    C-p6JfgUMAETaN3.jpg
 
Hmm, maybe CL will be screwed even WITH the OPEC production cuts being extended. Geez, what happened over the past week? I know the COT report could give clues, but it is way too delayed to give meaningful predictive data. We're missing pieces of the puzzle here.
 
Lol - light, sweet, and always crude - there is no point in forecasting, just trade it!
She goes up, she goes down, and feasts on the stops of weak holders - other than that, there is no directional bias or trading strategy ;)

2017-05-05_1324%20elite.png
 
You must log in or register to reply here.
Back
Top