46.xx at the moment....

i will be at the keyboard at 9.30pm.

dow futures now +7x; if it goes lower, wti will likely dive.

i will go dwti again if it stays up high.

there is no big reason for wti to rally except for the iraq thingy which is supposedly resolved now.

and the usual "weak $"...

but must not forget the fabulous api insider info syndrome later in the session.

fun night ahead.

two sided stories, as always.

its 1 day up 1 day down syndrome.
its up day.....wow, up alot

for the record:


Dow breaks above all-time closing high, up 100 points

Gap up play tonight..

this wti...

up 4% in 5hrs, then down 2% in 1 hr...

looks like some profit taking now.

Yup... they gap it up, suck people in and sell into the rally.

But, I think $44.50-$45.50 support should hold support here with the market at this all time high.

The only thing to fear is usually there is a sudden black swan event in the next few days to bring down the entire market, with the media cooking up another similar horror story like Brexit.

that always happen.

broad market has stretched a lot since brexit.

feeling a little chicken, wanna sell some now.

all out, 27.40.
too risky, i'm out for now.
index all time high, anytime can face correction.

This post has been edited by yok70: Jul 12 2016, 11:22 PM

i just went dwti 81.

don't wanna miss the "api-eia conflict" game tmrw.

incredible!

My eyes deceiving me..

I went out for a while, and it came back roaring to 46.65?

Wow.. danger zone if u play today.
Can get whack both ways.

will see if it holds by 2.30am.


today's rally is across the board - all sectors.

me too!
yesterday i was talking about diving towards 44 then 42! now its shooting sharply up and up! incredicle! who r these people buying? i dont seem to find any 'good' news for crude.
What a game! i stay aside.

now u know.

40 more mins.

may have to surrender...

i sold too early....5% less....

no la... the volatility gets to you - cold feet, very normal.



looking at the gyrations in the last few minutes, i will hold until tmrw.

maybe api will report +3.3mil instead of experts estimate of -3.3mil.

then maybe eia will report -1mil.

really, hard to think it will rally another 3% after 5% today.