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Post by clinton on Apr 14, 2015 15:33:40 GMT -5
yeah I bought the wrong dip on this, but look at this nice run!
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Post by clinton on Apr 15, 2015 8:28:08 GMT -5
oh boy
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Post by huh on Apr 15, 2015 8:31:34 GMT -5
oh boy Yeah, could get oil to ~65. I'm waiting for confirmation. USO filling an upside gap right here. (dollar agreeing with the oil up move so far though)
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Post by novie08 on Apr 15, 2015 9:05:59 GMT -5
Thanks for these...you saved me from going short, lol.
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Post by clinton on Apr 15, 2015 9:14:07 GMT -5
ive read banks have record long in USO
how often do the big boys make the wrong trade when they have bots to make the trade happen for them?
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Post by huh on Apr 15, 2015 9:38:19 GMT -5
Umm, well, that move feels like a break out, doesn't it? Wow
Odd thing is that oil's rallying with the dollar now.
Oil upside target ~65 so long as 54 holds.
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Post by clinton on Apr 17, 2015 8:51:00 GMT -5
ive read banks have record long in USO how often do the big boys make the wrong trade when they have bots to make the trade happen for them? DOW -224 USO just went green hmmmmm
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Post by huh on Apr 17, 2015 11:09:15 GMT -5
I'm still bullish oil unless it loses ~54. A bounce from there would complete the backtest of a larger potential pattern pointing to ~64/65.
Unfortunately for me, it may not get all the way down there.
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Post by clinton on Apr 21, 2015 15:27:06 GMT -5
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Post by novie08 on Apr 21, 2015 17:25:39 GMT -5
Congrats Clint...WTG!
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Post by jacksrbtr on Apr 21, 2015 20:16:56 GMT -5
Anybody recommending pursuing projects in Colombia over Peru and Brazil bodes well for Continental Gold imho.
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Post by clinton on Apr 21, 2015 20:38:43 GMT -5
Im 11% away from even on this one LOL
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Post by novie08 on Apr 21, 2015 21:38:08 GMT -5
Oh, shoot. I was thinking you were in the very green! Other than that, How's things in Richmond, place of my birth? Charlotte is really hopping.
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Post by huh on Apr 22, 2015 8:28:59 GMT -5
Oil currently @ 56.56. Possibility of small pull back to ~56.15, then up to major resistance @ 57.50's.
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Post by huh on Apr 22, 2015 8:51:37 GMT -5
Oil currently @ 56.56. Possibility of small pull back to ~56.15, then up to major resistance @ 57.50's. Unfortunately for me, if oil hits the 57.50's I'll have to cancel my bid for it. Either it continues rallying from there for the 60's, and I missed it all together, or even if it were to fall from there the downside target would become ~53, which is below the support I was hoping to catch.
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Post by huh on Apr 22, 2015 9:23:59 GMT -5
Oil currently @ 56.56. Possibility of small pull back to ~56.15, then up to major resistance @ 57.50's. Testing that small pullback support now. Low was 56.16. Anyone got a suggestion for a good crayon sharpener? For Clinton's sake I hope it rallies. For my sake, I hope if fails & falls to 54 so that I can join Clinton on the energy trade.
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Post by huh on Apr 22, 2015 10:23:27 GMT -5
Canceled the oil bid for now.
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Post by huh on Apr 22, 2015 13:53:03 GMT -5
Oil, USO, UWTI, etc. putting in bearish patterns targeting below the breakout supports (even with dollar looking weak)
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Post by huh on Apr 23, 2015 8:10:45 GMT -5
If oil were to lose 56.40 now, downside target 54.40's
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Post by huh on Apr 24, 2015 8:27:52 GMT -5
If oil were to lose 56.40 now, downside target 54.40's Scratch that. Worst case support is actually ~56.30, and the downside target lower to ~53.00. (two potential patterns, H&S & double-top, both pointing to the 53.00 area if that support is lost)
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