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Trying a Short Crude

Via the 11.50 USO

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#1 opinionated

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Posted 09 December 2016 - 11:17 AM

EOM



#2 pisces

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Posted 09 December 2016 - 11:21 AM

Welcome,check my post from 12-7 "OIL"...

 

                                                                  Best of luck !



#3 SemiBizz

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Posted 09 December 2016 - 11:33 AM

Just saw the headlines at the bottom of the TV Screen...

 

ALL MAJOR INDICES HIT LIFETIME HIGHS...

 

There's your SELL SIGNAL.


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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#4 tommyt

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Posted 09 December 2016 - 12:16 PM

"ALL MAJOR INDICES HIT LIFETIME HIGHS...

 

There's your SELL SIGNAL."

 

anything thats making a new high every day isnt a good short yet.



#5 SemiBizz

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Posted 09 December 2016 - 12:29 PM

Crude isn't making new  highs every day...

 

One anecdotal from my Shanghai trip...

 

In the past there have been mammoth traffic jams... lasting for hours...

 

We went to the airport in rush hour yesterday and there was relatively no traffic at all...

 

Even as the Police were stopping traffic and pulling cars over for "inspection", we whistled right by it.


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#6 tommyt

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Posted 09 December 2016 - 12:48 PM

Oh, you commented on all major indices making lifetime highs...my bad.



#7 SemiBizz

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Posted 09 December 2016 - 12:59 PM

Oh, you commented on all major indices making lifetime highs...my bad.

 

Yep, gotta pick up those subtle sell signals wherever you can, Thanks for that...

 

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Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics