last week, api said buildup, eia reported draw.

these are in opposites more often that not.

but really, with opec record pump, incr in us rig count, it is hard to imagine draws from now on.

draws can only mean us oil imports reduced, maybe some exports even.

but that does not help the total global supply/prices.

wti <46.

dow will go <18k tonight.

time to buy-buy-buy or what?!!

hi. long time no chat. been watching tv or at that crude often?
i will sell crude tonight. u really think usd50 is way unreasonable no matter what n how opec meets. lets see how later....

a bit of both.

actually less oil... moving towards biotech xbi and healthcare xlv as they have been beaten down like hell.



u wanna go dwti tonight?

fomc/yellen later...

Bought on 31/10 through TDA.

did u ask/email/message tda, what did they say?

It is a 1:3 split so all your share value from before should add up.

I heard that others did not get theirs too.

Do you have thinkorswim or do you use the web version ?

There is a live support tab on the top right, try that

If you are still not sure reply to this thread and I will see if I can find other ways for you.

Oil sinks as US crude stockpiles rise by 14.4 million barrels, largest jump on record.

not surprised with such a record jump.

been showing draw after draw which is suspicious.

maybe somebody broke the calculator a couple of times, reported wrong, rectifying mistake now.

This post has been edited by AVFAN: Nov 2 2016, 11:09 PM

Yeah , probably.

Also read that imports were huge too which may have contributed to the big build.

it's looking pretty grim for oil, again.

come think of it....

it was around 45 in late sep.

opec's "big talk" sent it up to 52.

now, it's back to 45.

and nothing has changed really - same demand, same/higher output.

no fires, no riots, no sabotage, no bombs.

only TALK!

and that was enough to do a 45-52-45 roller coaster in 5 weeks.

US FOMC leaves rates unchanged - Rosengren withdraws dissent.

Ok guys.. $45 better hold here. I'm half in already.
Leaving half just in case we dive down to $40.

FB beats on top and bottom line.. but gets hammered after hours!

Head, you lose
Tail, you also lose.

explanation:
http://www.cnbc.com/2016/11/02/why-crude-o...eep-rising.html

will probably swell further.

offset by weak usd due to no rate hike, yet.

likely some major moves after dec 14 fomc meeting.

Also, 27 days till next OPEC meeting but somewhere between 2 weeks, the market will know if
there's any indication on whether their members till commit to it or not.

If no agreement.. maybe we'll go down to 40, if agreement.. we'll see 50+ again.

Should be +/-5 pts move within the next 30 days.

Maybe can play a little straddle here.

market is very nervous...

goog has been down, appl now down.

biotech, healthcare down.

oil is down further.

only banks are up.

are we going to see some "crash" before potus finale?

The ^VIX indeed up another 10%. Now, above 20 again. Market indeed nervous.
If spiked to 30, just pile back on with everything.

clinton win is scaring sectors like biotech, pharma, healthcare.

trump win is scaring everything!

and oil declines further.

surprising no opec fella starts talking at such a critical time!

it's all so nervous...

but after potus elections, maybe we'll see a 5% up or down.

rough and tough...

what do u do NOW?!

ah... some opec man said saudi said something behind closed doors:

"The Saudis have threatened to raise their production to 11 million barrels per day and even 12 million bpd, bringing oil prices down, and to withdraw from the meeting," one OPEC source who attended the meeting told Reuters.