At open, i am dead! uwti is getting hit.

i wait for chance to do more dwti.

market ripe for pullback.

crude can give up gains for a 2nd day after running up for >2 months.

Actually, should buy dips unless it breaks 34.80. But, need to ask oneself, can tahan the pain or not?

watch rig count at 1am.

what are they playing now? Brexit?

brexit, fed, potus elections, all the usuals...

i think crude still has more to fall... 48.50 next stop?



tonight, will stay up to watch opening euro 2016 match.

too bad, i didn't gun it at my targeted 65. missed out the dwti train....see, i am a bad trader.

new brexit poll shitting the market

meanwhile in S&P500

65 would have been lovely!

i had gone in 66.40, 69 even.

already taken 2/3 profit, holding 1/3, see what happens next.

congrats! bear had been strong so far, lets see what happen next week.

it's only 2 days in a row of decline.

i see it bouncing back very quickly.

so, gottta be very alert on monday.

tonight will be interesting...

daytime, wti hit low 48.20, then back to 48.70, now europeans selling down.

asia panic selling, europe down,... brexit, 50 dead in orlando shooting..

think wti may go below 48 later.

gotta find a chance to do dwti again.

Interesting... here we are again, XLE is green yet WTI is red.

busy watching euro2016 all night.

still, the swing today enabled a quick dwti trade for me.

The game or the brawl?

what trading platform are u using to short the Oil ? how do you short?

no one looking at biotech, Acadia, Gilead ?

what about Monsanto ?

just google!
http://www.nasdaq.com/article/4-inverse-et...tumble-cm592083


local platforms don't allow direct short. inverse etf's the only way(s).

me too. lucky i cleared all crude longs just to watch soccer.
looks like crude is under profit taking pressure? will start again tonight.

global sentiments are currently weak, major excuse for oil bulls to take profit.

first time in 2.5 months crude declined 3 days in a row.

think wti will go down for another day or 2 with brexit fears... to 47?

then, it be back to... "supply disruptions", "draw on stocks" or "weak USD".

Was looking at dwti earlier. I vividly remember that i took good profit at usd400! and now its <100. Really need to exit when profit is seen.

This post has been edited by mikehwy: Jun 14 2016, 01:40 PM