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 USA Stock Discussion v7, Greece Debt Crisis!

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mikehwy
post May 12 2016, 01:25 AM

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crude is still spiking! i am all out, UWTI, sold all, 32.2.
decent profit to cover earlier losses on uwti.

mikehwy
post May 12 2016, 01:29 AM

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QUOTE(AVFAN @ May 12 2016, 01:24 AM)
congrats!

i quick quick cut my last bit of dwti, went to watch tv. laugh.gif

stocks down, oil up and up... some disconnect... what's going on...?
*
last time, dows was 'correlated' to china data, then got disconnected, then correlated to crude prices, and now disconnected. wonder whats going on? maybe someone was correct to say that oil firms are hedging against further price rises!!! i am off to this speculative position atm. remember yday when new saudi minister was saynig the saudis would maintain the same policy, and crude got spanked.....
mikehwy
post May 12 2016, 01:31 AM

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crude is way tooo high toooo early toooo fast. wish i have the energy n guts to short at close today.
mikehwy
post May 12 2016, 01:36 AM

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QUOTE(AVFAN @ May 12 2016, 01:34 AM)
better not... it may not stop until 50... biggrin.gif
*
? omg !
mikehwy
post May 12 2016, 09:21 PM

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crude spikes again since 9pm local time.
wonder who is talking or what reports are out!
it seems like crude price is more 'news' dependent currently and empirical data n facts are ignored. now, experrts are out again to talk about usd 60 (no more 20) !!!
mikehwy
post May 12 2016, 09:22 PM

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maybe xle back to 68?
mikehwy
post May 13 2016, 12:08 AM

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QUOTE(danmooncake @ May 12 2016, 10:46 PM)
I think it will probably do that until all bulls are in. Keep buying dips for now.

USO, OIH, XOP including leverage like UWTI, ERX, GUSH all showing more upside to go.

It is crazy despite high inventory levels, it does not matter. Just small news on little drawn down,
or fire in Canada (eventho none of the oil fields or refineries are actually stopped producing), the bulls
keep buying.
*
alright, buying few uwti, 31.55
mikehwy
post May 13 2016, 12:18 AM

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QUOTE(AVFAN @ May 13 2016, 12:13 AM)
i will take a few days rest.

the last 8 or 9 sessions have been unbelievable strange.

too hot to handle. biggrin.gif
*
agree. that is a wise decision as it appears a blind gamble on new and stock reports now. i really cant see any direction to punt at. sigh

mikehwy
post May 13 2016, 12:18 AM

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as crude is recovering, it can still moves fast in either direction. yes, its a strange game.
mikehwy
post May 13 2016, 09:35 PM

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lets top up uwti, 32.5, few bits only
mikehwy
post May 16 2016, 09:50 PM

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wow, i am winning on uwti nearly usd 4! what a relief.
mikehwy
post May 16 2016, 09:54 PM

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QUOTE(AVFAN @ May 16 2016, 09:51 PM)
oil rally big time!

wti bulls gunning for 50?
*
now, any higher tp is a reality. 50? omg ! rclxms.gif
mikehwy
post May 16 2016, 10:53 PM

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QUOTE(danmooncake @ May 16 2016, 10:49 PM)
Congrats for winning! No risk no gain..  rclxms.gif

Oil movement now is based geog-political issues rather than real inventory or supply vs demand.
The oil bulls will likely trying to push it towards $50 or higher.
*
Ohh! that encouraging..... rclxms.gif
mikehwy
post May 16 2016, 11:23 PM

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QUOTE(AVFAN @ May 16 2016, 11:13 PM)
there will be profit taking, like just now.

but will close with a 48 bang at 2.30am, i think. biggrin.gif
*
agree. this is a typical chart for crude bull charging while taking a breather. hope so hope so
mikehwy
post May 16 2016, 11:34 PM

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QUOTE(AVFAN @ May 16 2016, 11:13 PM)
there will be profit taking, like just now.

but will close with a 48 bang at 2.30am, i think. biggrin.gif
*
really tempted to top up uwti. rclxub.gif
mikehwy
post May 17 2016, 07:49 PM

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QUOTE(AVFAN @ May 17 2016, 02:08 PM)
did you?!

i did at 34.80, then fell asleep...

ikan bilis coming... wti 48.20!
*
I caught few at 35.10..hope its not too expensive, altho i think so. Lol
mikehwy
post May 17 2016, 09:34 PM

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QUOTE(AVFAN @ May 17 2016, 09:33 PM)
i think can have ikan bilis later. laugh.gif
*
Crude is back to normal. Spiking up just before open...wow
mikehwy
post May 17 2016, 10:18 PM

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QUOTE(AVFAN @ May 17 2016, 09:48 PM)
tonight dow is -100... will be harder for wti to rise further.
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hope not. about 10 minutes into the open, crude was at slight green but uwti was down to 35+ !!! i couldnt understand and so had no guts to enter again...( it could easily be fished at 35.30)

mikehwy
post May 17 2016, 10:27 PM

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QUOTE(AVFAN @ May 17 2016, 10:23 PM)
looks ok now... dow pared losses.

oil/energy counters also +1-2%.

wti next stop 49. tongue.gif
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'next stop' 49? huh.i really do not mind it at all rclxms.gif
mikehwy
post May 17 2016, 11:35 PM

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QUOTE(danmooncake @ May 17 2016, 11:30 PM)
and..... XLE wants to see $68 again.

Stay long for this game!
*
This has been my fav but somehow i wont hold it.

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