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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (94812)12/9/2014 12:03:40 AM
From: da_cheif™  Read Replies (2) | Respond to of 207399
 
adjusting the crude order....54 to reverse to the long side .....if 55 is reached its 58 or 54 whichever comes first.....stop and reverse is 49 if elected long



To: da_cheif™ who wrote (94812)12/9/2014 7:14:20 PM
From: catflu2™  Respond to of 207399
 
My super top secret number was 63.09 . Its a little odd on the ground here there doesn't seem to be any fear whatsoever of price. EOG for instance has no debt. There may be just a lag time to next fiscal year while existing projects are completed.

There are things I can't post obviously but wouldn't be surprised if I get laid-off.

There is nothing in the news about the rise of the dollar and its effect on crude but that is primary lever.

Your observations on the correlation between fear and price should be revisited for this particular commodity imo. We ain't scared no more about supply.

I am truly bummed i've been working so much I haven't had time to trade and I think I missed the trade of the decade last couple months.. Even though I started the position with calls in SCO, I was in the field 60 days straight and had no internet access. So my only thought for a big trade going forward is that the dollar move is a precursor to an interest rate move that we've been waiting for. I love dis chit