Trades with cats
Posts: 8656 Joined: Sat Oct 11, 2014 4:40 pm
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by Trades with cats » Fri Feb 06, 2015 2:02 pm
here we go in crude, it is deja-vu all over again. With rig count continuing to drop at a rapid rate crude is going vertical again. We all know that next weeks inventory reports will show yet another record build. Another 90 of the least efficient drill rigs coming off is not going to get rid of a 1 million barrel a day surplus. In a couple of weeks the spring refinery maintenance and switch over to summer blend cycle starts (duh, why did the welders just go on strike) and the Feds will probably finish topping off the strategic petroleum reserve. Then we could really get some eye popping build numbers.
soku
Posts: 1893 Joined: Fri Mar 25, 2011 10:02 am
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by soku » Fri Feb 06, 2015 2:05 pm
my pain in @$$
not too hard to figure out where i exit.
take the screenshot to remind myself
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2015-02-06_KSS.PNG (16.46 KiB) Viewed 5325 times
The goal is not uniformity. It is understanding and idea exchange.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Fri Feb 06, 2015 2:09 pm
SPX key time again..
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soku
Posts: 1893 Joined: Fri Mar 25, 2011 10:02 am
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by soku » Fri Feb 06, 2015 2:16 pm
i don't think i can afford any wings. may switch to big mac. $100 burger in 6m?
The goal is not uniformity. It is understanding and idea exchange.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Fri Feb 06, 2015 2:18 pm
SPX cover partial short from earlier in the day..
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Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Fri Feb 06, 2015 2:23 pm
now looking for a sweet spot to long scalp........ not yet.....
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
gappy
Posts: 3163 Joined: Tue Nov 22, 2011 3:34 pm
Location: Peapatch Tx
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by gappy » Fri Feb 06, 2015 2:24 pm
‘the petrodollar is our currency and our problem’....Gappy
Cobra
Site Admin
Posts: 58660 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Fri Feb 06, 2015 2:25 pm
this bear may have legs?
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Anaconda
Posts: 487 Joined: Fri May 06, 2011 2:57 pm
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by Anaconda » Fri Feb 06, 2015 2:26 pm
I still show a pbar down to SPY 205.60. Holding out on my short until then.
GL.
A
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Fri Feb 06, 2015 2:27 pm
SPX , cover another 1/3
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jway888
Posts: 377 Joined: Tue Jul 22, 2014 4:52 pm
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by jway888 » Fri Feb 06, 2015 2:30 pm
Al_Dente wrote: now looking for a sweet spot to long scalp........ not yet.....
good man good man
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Fri Feb 06, 2015 2:31 pm
AAPL under pressure.. late
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soku
Posts: 1893 Joined: Fri Mar 25, 2011 10:02 am
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by soku » Fri Feb 06, 2015 2:31 pm
/ES 15m strange position. not triggering any trades
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The goal is not uniformity. It is understanding and idea exchange.
gappy
Posts: 3163 Joined: Tue Nov 22, 2011 3:34 pm
Location: Peapatch Tx
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by gappy » Fri Feb 06, 2015 2:34 pm
‘the petrodollar is our currency and our problem’....Gappy
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Fri Feb 06, 2015 2:36 pm
SPX support / VIX resistance.. atm
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Me XMan
Posts: 2014 Joined: Thu Feb 17, 2011 12:01 pm
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by Me XMan » Fri Feb 06, 2015 2:37 pm
NOOOO....
MrMiyagi wrote: FED Lockhart said will raise interest rate 3rd or 4th quarter
gappy
Posts: 3163 Joined: Tue Nov 22, 2011 3:34 pm
Location: Peapatch Tx
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by gappy » Fri Feb 06, 2015 2:40 pm
Me XMan wrote: NOOOO....
MrMiyagi wrote: FED Lockhart said will raise interest rate 3rd or 4th quarter
Forked tongue.
‘the petrodollar is our currency and our problem’....Gappy
jway888
Posts: 377 Joined: Tue Jul 22, 2014 4:52 pm
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by jway888 » Fri Feb 06, 2015 2:42 pm
gappy wrote: Me XMan wrote: NOOOO....
MrMiyagi wrote: FED Lockhart said will raise interest rate 3rd or 4th quarter
Forked tongue.
Not a voting member though
grandeG
Posts: 334 Joined: Fri Jun 27, 2014 2:40 pm
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by grandeG » Fri Feb 06, 2015 2:43 pm
Cobra wrote: morning hourly black bar.
And there you go.....
Works like a charm again.
gappy
Posts: 3163 Joined: Tue Nov 22, 2011 3:34 pm
Location: Peapatch Tx
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by gappy » Fri Feb 06, 2015 2:45 pm
‘the petrodollar is our currency and our problem’....Gappy