QUOTE(danmooncake @ Jul 30 2016, 02:21 AM)
bet on both sides, get best of both, nice!well, looks like holding just at 41.50.
no more ikan bilis, see what happens net week.
been a hectic week...
have a good weekend!
USA Stock Discussion v8, Brexit: What happens now?
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Jul 30 2016, 02:32 AM
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#241
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24,453 posts Joined: Nov 2010 |
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Jul 30 2016, 11:46 AM
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#242
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QUOTE(danmooncake @ Jul 30 2016, 04:26 AM) from this point, gotta be extra careful. .. revisiting 41.50/40; last seen on apr 18, gained 10% in next 2 days, then went all the way up to 52 in june. .. bears are taking profit. .. opec been silent for too long, likely to make some noise soon. .. on the other hand, stocks are at all time highs... risks increasing. |
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Aug 1 2016, 07:58 PM
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#243
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24,453 posts Joined: Nov 2010 |
scary... there are more and more reports on an imminent correction!
but for tonight, dow futures +2x. wti at 41, looks like wanting to go back <40. u gotta go short! http://www.bloomberg.com/news/articles/201...-to-go-but-down This post has been edited by AVFAN: Aug 1 2016, 08:22 PM |
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Aug 1 2016, 11:52 PM
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#244
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24,453 posts Joined: Nov 2010 |
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Aug 2 2016, 12:00 AM
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#245
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QUOTE(danmooncake @ Aug 1 2016, 11:56 PM) Just 20c more.. will it breach it? Gotta to watch and see what happens. should be after 1am.I'm hoping for a quick bounce back up after teasing by bears. i will sell dwti before that, wait for it to bounce. then, it should slide again. bear, bear, man... Growing Oil Glut Shows Investors There’s Nowhere to Go But Down http://www.bloomberg.com/news/articles/201...-to-go-but-down |
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Aug 2 2016, 12:17 AM
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#246
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24,453 posts Joined: Nov 2010 |
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Aug 2 2016, 12:30 AM
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#247
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40 touched.
will it bounce now?! |
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Aug 2 2016, 12:36 AM
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#248
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Aug 2 2016, 01:10 AM
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#249
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the 1am bulls arrived... but found themselves surrounded by bears.
if it can't get to 40.20, the next wave of bulls at 2.15am may do the job. i can't see it going past 4.20 at closing. This post has been edited by AVFAN: Aug 2 2016, 01:10 AM |
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Aug 2 2016, 01:13 AM
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#250
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QUOTE(danmooncake @ Aug 2 2016, 01:00 AM) Yes.. it always zigzag but it has been trending lower highs since the peak on June 8th. yep, that's the anchor right there.I can see there is a dip to that valley on April 17th (39.51) but let see if this can act as next price support if $40 cannot hold by closing. Crude price is pretty fast moving.. it just a couple of days. It can move 10% or more if volatile enough. Darn DWTI... what a rocket ship. |
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Aug 2 2016, 02:27 AM
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#251
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no rebound.
not looking good. got out, time for bed... |
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Aug 2 2016, 10:48 AM
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#252
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QUOTE(danmooncake @ Aug 2 2016, 06:30 AM) Bears may jump in again in Asian market tomorrow to play with Oil but crude is weak, very weak. no positive news at all.we need to see how Wall street react again tomorrow night, hopefully push it back above $40..and then $40.50 to $41 and so forth. Personally, I need it to be in range play: 40-45 to make money. if the past days/weeks are anything, asian/euro traders will push it up some time in the day, then start retreating by 6pm. by 9.30pm, they would have dumped all they want to. looking at this morning so far, it's barely up. high chance it will go lower by market opening tonight. |
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Aug 2 2016, 07:29 PM
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#253
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QUOTE(yok70 @ Aug 2 2016, 06:45 PM) that's the volatility to be expected.april 17 had a long handle hammer candlestick... it rebounded fast and furious then. now, maybe history will repeat! still, need to wait till 9.30pm, see if european traders will dump it back to 40.20 or lower then. the thing is... what is there to sustain this rebound? |
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Aug 2 2016, 10:53 PM
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#254
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cruel man...
40.0->40.9->40.1... |
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Aug 2 2016, 11:08 PM
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#255
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Aug 2 2016, 11:47 PM
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#256
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40 broken... very, very weak.
may be heading for 35 in the next few days. |
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Aug 3 2016, 01:31 AM
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#257
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i got in dwti right but got out too early.
so early that i missed $10. |
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Aug 3 2016, 09:57 AM
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#258
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all eyes on eia data tonight at 10.30pm.
Oil Rebounds After API Data Shows 1.3M Barrel Crude Draw |
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Aug 3 2016, 01:42 PM
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#259
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Aug 3 2016, 03:50 PM
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#260
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QUOTE(mikehwy @ Aug 3 2016, 02:23 PM) haha, yes....some people out there need to manipulate/maintain the price with news here and there..... i was seeing conflicting news and crude stockpile data...? api data is just an estimate.best not to read too much into it. eia data at 10.30pm is the official one that will really swing things. about stocks draw or buildup, there is total >2bil bbls stockpile already... 1-2 mil draw does not help prices whereas 1-2 mil build adds pressure. https://www.eia.gov/dnav/pet/PET_STOC_WSTK_DCU_NUS_W.htm |
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