ya, this oil bull is unstoppable.

whatever news, it's a reason to rally.

u wonder when they will take profit.

Oh heck.. let's get to $60 and be done with it.

Look at that crude chart! What the heck is goin on? Its diving after a sharp recovery qince the eia report

it's become irrational, no fundamentals.


ok, maybe profit taking finally... after >2 months rally and >50% rise.

haha, i first thought the analysts wrongly interpreted the eia report....still, its IRRATIONAL !!! are punters profit taking now? a bit too early to do so i guess.

I think they want to take profits after the massive run this past 3 trading days and sell into the inventory news.

Still.. that $50 still holding so far. We may not see a turn around until it breaks below $49 to roll back down to $45.

maybe can short...

U.S. crude production ticked up 100,000 barrels per day to 8,745,000 bpd from the previous week, reversing a 15-week trend of declining output.

bulls have too much shares to take profit....can't practice fierce sell, need techniques...

Si, crude is getting boring tis evening...harbouring at 50. Its niw a guessing game but i m betting upwards!!!

Bought few Uwti. Exactly 41.
The show must go on....pls, for me la

however, dwti attracts my attention....65 has been my target entry point in past few weeks....

boring...

broader market is still strong, wti likely to hang around 51 for a while.

think will go to sleep early...

Hey guys,

Let say if Oil continues its trajectory upwards..

At what price UWTI = DWTI?

the maths say... when wti = 55.

This is the hidden question that has been bugging me a while.....i cant spell it out like u but i always felt strange about these 2 prices....ok ok...when will they equate!!!!

Both becomes 51.xx when wti is at 55.

Will get there, before yr end, I think.

i hope u bought.

wti from 51.60 to 50.50 and going lower.

profit taking finally, bigtime!

i didn't make any move. see, i am a bad trader.
looks like some red today....

maybe, i only dare to enter when oil hit 60....maybe, 58...

This post has been edited by yok70: Jun 9 2016, 09:24 PM

in.
got few Uwti, 39.50 at "5 % discount" from yesterday. lol

your uwti at 39.50 is as good as my dwti at 66.40 - both can't even get ikan bilis.

wti seems stable now at 50.50 after mild profit taking.

probably will move again only after rig count report tmrw.