Re: [RT] CL ready for a nose dive?

[Ben <profitok@xxxxxxxxxxxxx>]

i have been cought with my pans down

short CL from 115 the june contract   my stop loss is long july 116 call

i have objective of 108 for cl 

when we are under 114  will add to short

Ben

 

loosing on future 4600

making long call 3700

current loss about 1000

From: tpmods

To: realtraders@xxxxxxxxxxxxxxx

Sent: Monday, May 05, 2008 1:28 PM

Subject: [RT] CL ready for a nose dive?

Though all looks bullish on the screen but real story may be totally
different,watch 120 level and if this work is correct(which is)we may
soon see 104-107 on CL and it will totally ignore the news of oil
supply etc...let's see wether technical analysis is powerful or fundas!
Get ready for the big show in this week itself.Would welcome experts
comments on this call of mine,thank you.
Chart link http://img170.imageshack.us/my.php?image=clyx5.jpg

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