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DislikedExceptional analysis Eventstrader and ef5! I was perplexed as to why there was so much downward pressure in the midst of Dorian. How pure technical traders trade, is beside me. How can one trade and not take fundamental factors into account? The wishwashy production/supply commitments of the global oil hubs is laughable. Keep on pumping and dumping guysIgnored
DislikedWTI will sell off hard in the next few days. If not, WTI might be breaking out.Ignored
DislikedAlso, this was just released: No production impact from Hurricane Dorian platform evacuationsIgnored
Disliked{quote} Thanks C8! {quote} It was Novak's production comments. So my call that crude was dropping was luck. The move lower is still potentially coming. I still think there could be further selling related to my theory about buying the rumor and selling the news on Hurricane Dorian. Last year, crude sold off as the hurricanes were dying out. So perhaps Monday or Tuesday crude sells off? Not sure but worth monitoring. Also, this was just released: No...Ignored
Disliked{quote} Yep, I think you're right. Although it doesn't look like we are totally done with Dorian, along with other storms forming that may affect production areas. Particularly, one in the gulf that I saw may hit a Mexican shale area.Ignored
DislikedI'm not sure if a tropical storm is enough to interfere with operations.Ignored
Disliked{quote} I don't think so, for land operations. Just something to keep an eye on in case it develops any further!Ignored
Disliked{quote} $50.50 is a long way down. Are you short until then? Or are you just staying out unless you can get in that low? I'm short but only down to about $54 and change.Ignored
Disliked{quote} I am not. Just waiting the price if I see this, I sell my mother in law and put moneu on it.Ignored
DislikedSome resistance here... from two perspectives:{image}I also see the China situation taking a temporary breather, which should bring us down a little. I'm short.Ignored