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I agree Kam, it's just funny to see a lot of opinions when oil is down, and same are quiet when oil is up? Seems like you and TMM are the only ones willing to have a mature conversation up or down backed up with data and insight of your personal analysis. It's easy to see who the adults are.
Let the gyrations begin. Good morning UWTI longs. OPEC speak will move oil and Wednesday's decision will move it drastically one direction or another. All other talk is just passing wind....GLTA
Hahahaha shorts are funny!
Yes I agree, got a lot of good buys today.
Thanks TMM, got a buy in for 18.50's but probably won't fill.
Low volume takedown was a nice gift today TMM
Got some 19.20's never expected the order to fill.
Thank you same to you.
Perfect buying dip here today. Yumm yumm
Shorts are fighting really hard to bring this down.
Iraq Prime Minister Agrees To OPEC Cut - Oil Markets Daily $USO
http://www.seekingalpha.com/article/4026028
Next week should be nice..
Yes thanks TMM. Sitting back and watching, next week's action should be nice.
Happy thanksgiving TMM, Kam and all. Enjoy the holiday and your families. Stay safe and I'll see you next week. $50+ WTI coming.
Ha! Probably more like $10 a barrel higher! Yes great reports today.
Hahaha so right TMM, sometimes reality escapes some of us.
Let see what happens in 2 hours friend.
Ok gentlemen now we rise. Looking for that WTI $52. Soon
Nice run up before EaiA this morning.
GM TMM, Kam, all UWTI longs. Looks like green now. 10:30am blast off time. Good luck today gents.
I think I hear that $25 knocking TMM
I just saw that, I expected more upside in the AH from that report. Guess we wait for EIA tomorrow.
Here we go...
Nice reversal.
I see you TMM and fully agree.
Go get em my friend. One day I'll be able to take full advantage of the swings too but glad to see others do it.
Thank you same to you Kam.
Good morning TMM, Kam, UWTI bulls. Looks like we'll be getting some more upward movements today.
Ready and watching close TMM.
One never knows Kam... let see what talks come out tomorrow from OPEC. Not to mention if we get a nice surprise like a small draw in API numbers. $55 could very well be ours.
Would be nice to see WTI test $50 tomorrow.
GM Kam, TMM and all UWTI longs. Looks like we're getting some nice price action today from OPEC prospects... I think wee see a continued run up before delist then watch and see.
Looks like OPEC speak is doing a good job of goosing the price of WTI, so far it hit a high of over $47 since trading opened today. Looking for more favorable news and info coming our way this week and a correction in dollar to give WTI a nice boost Monday & Tuesday then run up following week leading up to meeting. If an agreement is actually reached look out....
It wasn't an idea just a pondering.
I don't think the issue is wheather it will continue to trade, only if it becomes decoupled from the price of oil and if so then what??
Well $45.5's isn't too bad. 5% up is good for a Friday after large inventory builds, not expecting too much from next wee because of the holiday. But following week should be really nice one. Have a great weekend all, now it usually time to head home and go for pizza with the family but tonight we're getting a sitter and the wife and I are hitting the town for a nice dinner. We may even stay out past 10:00 if we feel up to it.
Can WTI hit $46 in 10 mins???? Let go big oil!!!
All the Same I'm very greatful for your help and insightful posts.
I Wonder if WTI can close over $46 today?
I agree. I think the cards will all play out in the next few weeks
US oil rigs up by 19 and now we get a run up??? Wonder why rigs would increase???