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Looks like it will today. I took profits yesterday because it stopped just short of it.
If D breaks 94.90 it's going much higher.
In DWTI as of this AM. So far, so good.
Thank you DWTI.
I hear ya. I stopped out @6.15 the other day for a coupla hundred buck profit.
Green so far. Moving my stop up to 6.15.
Now send me your address so if I lose 5 bucks, I can drive by and egg your house.
I'm in.
Stop @5.90?
Just want to make sure this is an inverse relationship.
Is 2090 resistance on spx?
I was going to play DWTI @92. It turned @92.60. Oh well. All cash at the moment. NUGT has a gap @27ish.
Take any action yet?
Missed my buy by 60 cents.
Tempting right here. I'm looking at the gap 3 bucks lower. Don't know if it will get there.
I'll make another D stab @92.
Eventually, the friends in Texas and Alberta won't have a choice. Oil is a finite substance.
Actually, lower oil means less expense for the masses = they have more to spend = stronger economy.
Well, that didn't last long.
On the dark side with a tight stop.
Don't fret. You're gonna get another shot at it. Well below the current level.
Learn the ways of the naked candles. There's one last one to go. They tend to get retraced nearly all the way. That would be 40ish.
Blew right past 8.50. I won't pat myself on the back. Here's a hint. Watch WTI not UWTI. WTI going for that last naked candle. Hunting 40.
WTI broke support tonight. Looking more and more like it wants to form a proper double bottom and hit that 40 mark.
There's just no volume on that thing. I certainly wouldn't back up the truck on it until I see some interest.
All time low!
If WTI heads for 40, this thing will be well below 8.50.
Thinking about some 8.50 this morning.
Ooops forgot about that one.
Pretty wild stuff.
Guess you love you and the rest of us getting ripped off for billions? You did. Only one trick was them running empty trucks in Iraq because they got paid on each run. Nothing to ship but they ran them anyway. Paid to transport air. The best though, is they moved headquarters to the Emirates so they could dodge paying billions in US taxes on billions they made off the war. Your tax dollars bud. They F'd you up the @ss. Butt hey, if you like that sort of thing...
Yeeehaw! Right on dude!
Let me know right before you pull the trigger!
Are you in and what sort of time frame are you thinking this move would take?
Possibly 8.50ish and then the last low on the weekly is 7.12. Possibilities is all. Not looking for a pat on the back. The butt maybe, but not the back.
Cool. I certainly wouldn't go all in right here. You're up a bit for now though.
I shed no tears for Haliburton.
Only 75 cents away from 8.50. Whoda thunk? If that lonely bar on WTI gets covered down to 39, this is going A LOT LOWER than 8.50. Might bounce off the zone first though.
You guys are hilarious! Under 45 this AM.