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trdwatch

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trdwatch

Re: RBKissMyAs post# 1301

Wednesday, 01/27/2016 9:28:53 AM

Wednesday, January 27, 2016 9:28:53 AM

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Trading UWTI again. Last year this time API came out at 12 + and the next day EIA came out at 8.87. Last years distillate was -3.89.

If you remember, this is when we would get the initial drop on news and then kapowie, it would go up. I think that's why yesterday was a fail for the shorts for the most part. It should drop again this morning followed by the pop into Friday. I'm going to try and by this bottom. It may hit your target you put up or like it did after hours and only come half way to it.

The market looks forward from here to summer it seems and the small and large speculators set the commercials up to cover.

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