wti, west texas intermediate is the USA benchmark crude, mainly traded on NYmex.

wti also traded in europe or elsewhere besides us markets trading hrs 9.30pm-2.30am local time.

brent is european benchmark, north sea, mainly traded in europe.

http://www.investopedia.com/articles/inves...i-and-dubai.asp

recently, wti (and brent too) seems to track dow (or eu bourses), i.e. equities. no solid correlation but i do agree in the absence of major dev incl opec, bombs etc., wti price does appear to go with dow. so, if dow slacks a bit, dwti price should go up. if dow gains, dwti will fall while uwti will rise. dunno how long this will go on until something else drives it.

what i read... plenty of supply, a glut basically. no opec cut, china slow, all crudes bearish.

so, can play-play until then.

thanks....market opening.

dow giving up gains.

dwti approaching 115, got profit or not?

This post has been edited by AVFAN: Sep 9 2015, 10:09 PM

Mike,.. you day-trade, and night-trade,... where do you get all that energy ?

latest ...
US markets pairing early gains but still +ve.

Latest ....

energy n materials still leading the gains
health care n utilities making the dives

Big HI Hansel....

i call it love, but stocks haters call it hopeless addiction

to maintain 'energy' i do crunch exercise, light tea session, and working at home abit (!!!) to 'enlighten' and 'enrich' my life. btw, ll my saved up coins to short klci if it opens green green. been waiting for this moment.

This post has been edited by mikehwy: Sep 9 2015, 10:55 PM

Err, nope. was in kitchen preparing cbbage-tomato noodles for the long night. hehe

now waiting for 114 will do for few free noodles. btw, now watching wti UK and nymex, both dropping about 0.70. y this dwti no move?

Tq Mike... That's right,.. when you love what you do, you don't feel tired.

it'll come, will test 45.

if dow goes red, good chance it will go below 45.

This post has been edited by AVFAN: Sep 9 2015, 10:55 PM

yooo ...to maintain 'energy' i do crunch exercise, light tea session, and working at home abit (!!!) to 'enlighten' and 'enrich' my life. btw, ll my saved up coins to short klci if it opens green green. been waiting for this moment.

hope no other readers here to spam me. i am an honest guy. real one.

damn resilient and refuse to dip further. touched -0.70 and will rebound. been like this since market open

u will get the hang of it.

seems to gyrate a lot with dow.

2am maybe...

ye. 2am is 'my' magical hour. markets often fluctuate alot by that time...and i always ended up losing!

nymex showing lower low. Emm ??

This post has been edited by mikehwy: Sep 9 2015, 11:14 PM

115.

gotta be alert now...

nymex n wti at lowest now, -0.80. lets be a bit greedy.

This post has been edited by mikehwy: Sep 9 2015, 11:37 PM

yes...

dow looks weak, so, can wait a bit...

apple show tonight....ho ho....

tesing 45 2nd time this session.

if it fails to stay below, will sell.

then buy back!

oil bull still no where seen yet i guess....

one big bull, a hundred small bears!