Swing traders etc get confused when they see longs on Wednesday at 50.70 and then move to 51.90.
Longs on Thursday 51.10 and then move to 51.86. On friday short 50.77 and cover some 50.21.

As a wanna be trader posted some days ago- we are just throwing darts in the air.

Note: I am also short GC. If not short Keep $ chart front and center for next time.

Throwing darts blindfolded is even better while day dreaming. On any given day over a small SAMPLE anything can happen.

Strap a set of cans on that and I do believe we'd have something,,,,,,, say'n

Today's job report

Employment: +295k (If You Believe It) in [Market-Ticker]

Why I do not watch CNBS and is detrimental to your welfare

CNBS Guest: Stop Lying in [Market-Ticker]

I'm posting the below only for future reference

Hahahahaha Apple To Join DOW in [Market-Ticker]

-Bill_M

EDIT

Quoting 

Ironically moments ago US labor secretary Thomas Perez said that the "quality of jobs is going up." No it isn't, as anyone who spends even two minutes with the BLS report can find out. Don't have two minutes? Here is the full breakdown. As the chart below shows, the three biggest single-category jobs added in February (because Professional services includes numerous occupations), were also the three lowest quality, lowest paying ones: Leisure and Hospitality, added 66K jobs Education and Health added 54K Retail trade added 32K Together these three job categories accounted for 152K jobs, or more than half the total February job gains. They also represent the lowest paid jobs in the US. And that's why there is no wage increase.

https://www.zerohedge.com/news/2015-03-06/why-no-wage-increases-more-half-jobs-added-february-were-lowest-quality-lowest-payin


Crikey, between the Bureau of Lies and Scams, Kerry, Obummer, Yellen and Clinton

This sh** never ends

" Will load up from the long side if CL flushes down to 50 area."

No loading up. Small longs. If CL clears ORH and then retest 50 area, will load up. Till then it's just a scalp and not worth taking extra risk for me.

Did some risky shorts OR mid to ORL. 50.24 - 49.90. Find it very hard to short when move down is already in progress. Was looking for longs at ORL. Would post chart but markers are everywhere! Ha .Good luck for rest of day

mfbreakout 

" Will load up from the long side if CL flushes down to 50 area." No loading up. Small longs. If CL clears ORH and then retest 50 area, will load up. Till then it's just a scalp and not worth taking extra risk for me.

Why i got out at 50.34 on longs? Uncle Jim Dalton says be ready for 3 scenarios every day. I am flat.

jthom 

Did some risky shorts OR mid to ORL. 50.24 - 49.90. Find it very hard to short when move down is already in progress. Was looking for longs at ORL. Would post chart but markers are everywhere! Ha .Good luck for rest of day

hi, maybe it's a dumb question on my part, but where do you get the Mid OR = 50.24? in my CHART Mid OR = 50.32 from ORH = 50.81 at the opening at 8:30 am ET through ORL = 49.82. THX

IMHO, I found this interesting

-Bill

https://www.zerohedge.com/news/2015-03-06/one-chart-you-need-predict-future

mfbreakout 

Why i got out at 50.34 on longs? Uncle Jim Dalton says be ready for 3 scenarios every day. I am flat.

$ kept making new highs and there was no bid for CL. Shorted 49.75 after lunch to see if Push #3 of the move gets completed. Cover some 49.10 and had to bail out on ret at 49.43.

Last week and this week the email arrived at 1300ET

-Bill

Quoting 

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -75 to 1192 rigs U.S. Rig Count is down 75 rigs from last week to 1192, with oil rigs down 64 to 922, gas rigs down 12 to 268, and miscellaneous rigs up 1 to 2. U.S. Rig Count is down 600 rigs from last year at 1792, with oil rigs down 521, gas rigs down 77, and miscellaneous rigs down 2. The U.S. Offshore rig count is 51, unchanged from last week, and down 4 rigs year over year.

Quoting 

BHI Rig Count: Canada -30 to 300 rigs Canadian Rig Count is down 30 rigs from last week to 300, with oil rigs down 21 to 150, and gas rigs down 9 to 150. Canadian Rig Count is down 287 rigs from last year at 587, with oil rigs down 239, and gas rigs down 48. Additional information on the rig count is available on our rig count website at Rig Count Overview & Summary Count | BakerHughes.com. The Baker Hughes Well Count information is available at Well Count | BakerHughes.com.