Time to short crude

usman88 · Dec 19, 2007

I am short crude @ 9210 with the target of 9020
wht do u guys think?

nazzdack · Dec 21, 2007

Did you get out with a profit? The market should re-test the previous all-time highs and break $100/barrel. We'll see.

bathrobe · Dec 21, 2007

I would love to see CL at <100 , I heard cnbc pundits wining about 70 oil by christmas during the thanksgiving weekend. What pros

polpolik · Dec 21, 2007

Quote from bathrobe:

I would love to see CL at <100 , I heard cnbc pundits wining about 70 oil by christmas during the thanksgiving weekend. What pros

CL is <100. Do you mean >100?

bathrobe · Dec 21, 2007

Yes I am very tired, thank you

usman88 · Dec 21, 2007

got out at 9089
short again at 9149

usman88 · Dec 21, 2007

Quote from nazzdack:

Did you get out with a profit? The market should re-test the previous all-time highs and break $100/barrel. We'll see.

theres no way it can go to $100 now

sumosam · Dec 21, 2007

One of the main factors supporting $100 oil was the low usd. Can't see it going anywhere but down in the next while.

usman88 · Dec 21, 2007

out again at 9101
will take new position once nymex opens

usman88 · Dec 21, 2007

next target : short at any rally