China’s stimulus package has helped oil up to above $65. I didn’t get to buy more because I thought it may move lower before it moves higher. I started to pickup a few contracts here and there when light crude traded just above $60 last Wednesday hoping it may move lower before I jump in [...]
Filed under: Commodities, Energy | Tagged: china, Commodities, crude oil, Energy, OIL, stimulus package | Leave a Comment »
Light Crude is at $60.70. I’m going to buy a little and see what happens tomorrow. I’m going to long it all the way down to $50. If it goes down to $55 range tomorrow, I’ll buy more.
Filed under: Commodities, Energy | Tagged: CL, crude oil, Energy | Leave a Comment »
Light Crude is at $63.79, below $64 again. I’m going to wait a little bit to see if it goes down some more before putting on my trading range trade which has worked well for me so far.
Filed under: Commodities, Energy | Tagged: crude oil, Energy, OIL, trading range | Leave a Comment »
Crude is at 67 and change. Maybe a bit over shot to the down side during New York section. Pack up a few Jan’09 futures contracts and hoping to make a few quick bucks.
Filed under: Commodities, Energy | Tagged: Commodities, crude oil, Energy, trading | Leave a Comment »
