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beginning to think this won't stop until 34.50 from the 14th Dec.
Updated the msg. from pumping to extracting.
Yep, I saw researcher59 message showing Jan weather, if I weren't trying to invest in this I would be loving the warmer winter and hoping for even more warmer weather for the rest of the season, but not the case, looking now for as really hot summer for the A/C season and power usage. I will stay out of this till then unless there is a really cold snap that sneaks in.
gl to all in this.
I don't see much upside in the near term. Too much BS and everyone extracting as much as they possible can to maintain their contracts and market position. This is not going to end well for most economy's, Those extracting it need to talk to one another and work together, but you already know how that will go.
Nice recovery, may be an indication of things to come, maybe people are looking at weather in Jan. lol (hopefully cold)
So do we stop at 3.50 and start back up or keep dropping to the 2.'
Gotta love that chart. lol
Sorry to hear that my friend, I am in Manitoba, not much better out here job wise but not as bad living as out there. Seems most went out East when the oil industry dropped. Don't know how the East is doing but I hear not good.
Take care and the best of luck my friend.
I don't see that on the chart.
what is pushing this up any ideas?
"fed announcement crude up markets up"
I would sure like to see what chart they are looking at for crude that is up??? lol
3.9mil sell wow.
EDIT:
Even ugaz is doing better that this.
at this rate wti will be down in 34.00 before the eod.
and down we go
Investing com list crude oil as a strong buy at this point in time, (wait 5 min and it will be a sell). lol
we are not far off the low 3.94 I think is it. Would like to see 4.00 as strong support, with trading range to 4.45 could live with that for now.
sounds like you are playing hang man. Lol
I drool looking at these prices, then think back, shudder and walk the other way. Wish colder weather was in the report.
Think most are sitting waiting for the Feds report, this aft. may be interesting. The general consensus is the rate hike is 81% likely and is already priced in to the market. Hopefully we go up.
That it did got some at 4.24 more down here and waiting to see what else happens.
From 4.37 to 4.09 in 6 min, guess too much to ask for a short drop and a pop, we got the drop now lets see about the pop. I really don't want to go back into the 3's.
Thank you Shelly and Merry Christmas.
I have only heard a rumor and have not found anything to substantiate it so don't take it too seriously, but Rumor is the rate increase is already priced in. Been known for a long time it was coming but without a credible source to go to I am taking it with a grain of salt and watching as per normal. Pre and early morning may give us something. If you find a source post it for all.
gl
you bet starting to go down now, good luck makes lots.
In the words of the favorite pirate,
"Take all you can and give nothing back".
Thanks but I don't follow others, same reason you stated. Just an exchange of ideas always good to know how others perceive a situation before you make decisions.
congratulations on both today, I was in at 4.46 and out at 4.70, Good profit but am now looking for a new entry, put a buy in for 4.45 but don't think it will drop below 4.55 4.50 level, will watch and see. Hearing rumors the rate increase may be priced in don't know if that is right or not. But looking forward to it.
gl.
what is your target for back in.
Thank you, would be nice to fill the gap around 4.26 to 4.34 before we move up, I hate seeing gaps left. Seems to mean we have to come back to fill them.
Any thoughts as to where we go today?
If the rule of filling gaps is true you may get a chance back down at the 6.80 to 7.30 from today. Hope this is working good for you.
gl
Do you have news (recent yesterday or today) as depending on what type of missile and where it could have a major impact, ( no joke intended) on oil.
Ouch, glad I got out at 4.64 earlier, will look at this AH and PM could be a good entry coming up. ( like maybe now ) will see.
I would be lovin that, just hope no unintended have to get hurt.
"US TSY. Szubin says isis Selling large amounts of oil to Assad Regime in Syria". If that is true how are the Russians supposed to fight them (kill) if they (isis) are in cahoots with the Man they are supposed to be helping stay in power. Can't have it both ways.
I don't blame them, there is money to be made on both sides of the fence. Right now if you were nimble and shorted your uwti or went to D side you would have an additional .15 points in your pocket. all in how you want to play it.
Oil futures spiking a bit, US TSY official Szubin says strikes on ISIS have severely degraded oil fields, refineries and tanker trucks.
You are all very welcome, got out at 4.64 went to get a coffee and thought I would get back in a little lower and away it went. Will wait for another entry point. Oh well.../
10:30 ET tomorrow will be interesting, with a draw maybe a bounce as well. Would be nice.
58.9 mill vol so far today.