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USA Stock Discussion v7, Greece Debt Crisis!
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yok70
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 Apr 20 2016, 07:36 PM
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QUOTE(AVFAN @ Apr 20 2016, 06:59 PM) dwti follows something else, something complex, can't remember but i did find and posted it somewhere in this thread. really, it does not matter. becos may or june or jul - they are all connected with continuity. the futures price will cross over from may to june when may is over, then june to july. derivatives like dwti are continuous but reset daily - the prices/units are internally "adjusted" correctly, no worries. but, as u already know, there is "decay" over time. ya, doesn't matter that much. It's the trend that we should be concern on. oil bulls still not given up, steady even by tons of bearish news.....just yet....gotta be cautious to play on bear side....  This post has been edited by yok70: Apr 20 2016, 07:37 PM |
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AVFAN
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Apr 20 2016, 07:39 PM
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QUOTE(yok70 @ Apr 20 2016, 07:36 PM) ya, doesn't matter that much. It's the trend that we should be concern on. oil bulls still not given up, steady even by tons of bearish news.....just yet....gotta be cautious to play on bear side.... still hopeful even dwti now at 122 only. i only "give up" at 2.30am every morning.  |
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Hansel
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Apr 20 2016, 08:52 PM
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The 'feeling' that I talked about earlier still stands,...to my own detriment too,...
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AVFAN
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Apr 20 2016, 09:41 PM
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eia report at 10.30pm.
will be more or less than api's 3.1 mil bbls incr?
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yok70
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Apr 20 2016, 09:42 PM
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QUOTE(Hansel @ Apr 20 2016, 08:52 PM) The 'feeling' that I talked about earlier still stands,...to my own detriment too,... instinct is one hell of a must have for trading, i think, although sometimes it may fail us. But it's fan! well, good luck to you man! |
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mikehwy
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Apr 20 2016, 09:52 PM
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huh, disappointing crude slide. me expecting 130 the least. still waiting and hoping ....
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danmooncake
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Apr 20 2016, 10:22 PM
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QUOTE(Hansel @ Apr 20 2016, 08:52 PM) The 'feeling' that I talked about earlier still stands,...to my own detriment too,... Did you get in? All the crazy signs of bulls here.  |
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AVFAN
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Apr 20 2016, 10:37 PM
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BREAKING: Oil pares losses; US crude stocks rise by 2.1M barrelswell, an incr is still an incr!
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AVFAN
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Apr 20 2016, 11:09 PM
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QUOTE(danmooncake @ Apr 20 2016, 10:22 PM) Did you get in? All the crazy signs of bulls here. it is powerful. opec faliure, end of strike, stocks incr, the bulls still pushing it towards 43. imagine opec cut, 2 producer strikes and stocks reduction! |
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mikehwy
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Apr 20 2016, 11:32 PM
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what a fight back within 1 hr since 10.30 local time. really, incredible.
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AVFAN
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Apr 20 2016, 11:34 PM
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it got close but failed to touch 43 but i think it will try again later.
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mikehwy
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Apr 20 2016, 11:37 PM
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damn....cut loss, lost 1.40 on dwti. still learning this game.
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AVFAN
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Apr 21 2016, 12:49 AM
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speechless...
Oil rises on small crude build, Russia meeting rumor
This post has been edited by AVFAN: Apr 21 2016, 12:49 AM
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mikehwy
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Apr 21 2016, 12:53 AM
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kuwait strike ends also no impact after 10.30pm local time. still rising to the peak now....
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danmooncake
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Apr 21 2016, 12:56 AM
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QUOTE(AVFAN @ Apr 21 2016, 12:49 AM) speechless... Oil rises on small crude build, Russia meeting rumorDarn Hansel "feelings" is correct here... good job.  So, the bulls do not want to give up despite all bad news. Let just forget and ignore any bad news all. We got all that - Doha disagreement, Kuwait cancel strikes and Inventory all time high. Oil does not want to go down, it wants up. So, just continue to ride with the bulls until we get to the moon again. It is crazy.. but don't fight that money train. |
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yok70
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Apr 21 2016, 02:27 AM
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45 coming.... |
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AVFAN
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Apr 21 2016, 06:45 PM
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QUOTE(yok70 @ Apr 21 2016, 02:27 AM) 45 coming.... the bulls will try... break thru 45.20. if that happens, time to...! now, dwti 102. die or not?! Crude prices firmed on Thursday after the International Energy Agency (IEA) said 2016 would see the biggest fall in non-OPEC production in a generation, helping to rebalance a market dogged by oversupply.
IEA chief Fatih Birol said low oil prices had cut investment by about 40 percent in the past two years, with sharp falls in the United States, Canada, Latin America and Russia.
Also on Thursday, OPEC's secretary general said the oil market will begin rebalancing by the third quarter of this year and will turn positive by 2017 despite world's top producers failing to reach an agreement to freeze production during a weekend meeting in Doha. |
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mikehwy
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Apr 21 2016, 09:24 PM
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crude is back to 'normal', diving just before open.
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AVFAN
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Apr 21 2016, 09:27 PM
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QUOTE(mikehwy @ Apr 21 2016, 09:24 PM) crude is back to 'normal', diving just before open. it rose $2.5 in 3 hrs last night. will it dive $2 in the same time? |
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