BCE Sep 7, 2006 #1 Crude seems to be trying to establish a short term bottom and may have gotten a bit oversold. (At least that's what Jim Rogers told me. ) Of course it's been trying to establish a base to bounce from with no success the last month.
Crude seems to be trying to establish a short term bottom and may have gotten a bit oversold. (At least that's what Jim Rogers told me. ) Of course it's been trying to establish a base to bounce from with no success the last month.
S Surdo Sep 7, 2006 #2 Today was the first day that resembled anything close to capitulation. Really hard to say if that was the bottom or not.
Today was the first day that resembled anything close to capitulation. Really hard to say if that was the bottom or not.
BCE Sep 7, 2006 #3 Quote from Surdo: Today was the first day that resembled anything close to capitulation. Really hard to say if that was the bottom or not. More... Time will tell of course. The trend has only been down. The inventory report prevented real capitulation.
Quote from Surdo: Today was the first day that resembled anything close to capitulation. Really hard to say if that was the bottom or not. More... Time will tell of course. The trend has only been down. The inventory report prevented real capitulation.
Z zf trader Sep 7, 2006 #4 As long as the Gulf stays calm oil is a short until the first frost in NYC. It might even be a short until next hurricane season.
As long as the Gulf stays calm oil is a short until the first frost in NYC. It might even be a short until next hurricane season.
BCE Sep 8, 2006 #5 Still looking for a bottom and not finding one. Poor crude. It was so popular and now no one seems interested. Shunned by all.
Still looking for a bottom and not finding one. Poor crude. It was so popular and now no one seems interested. Shunned by all.
BCE Sep 8, 2006 #6 Nice short this last month. Attachments qmv6-nymex-9-8-06.png qmv6-nymex-9-8-06.png 112.7 KB · Views: 94
) Of course it's been trying to establish a base to bounce from with no success the last month. 