Issued: 11/19/2014
Dec. crude oil:
1. Today’s Dec. crude declined of our earlier noted long entry at approx. $75.10 and triggered our protective sell stop at $74.40 resulting in an approximate $.70 loss on the position.
2. While today’s sharp decline is unusual behavior, it may not invalidate the original expected advance and test/attempt at $75.75 (or higher) into tomorrow, Thurs., Nov. 20 (+ 1 day). Will update in tomorrow session.
David Williams
Issued: 11/19/2014
Jan. crude:
1. Our previous crude report was indicated in Dec. crude. This was an error. The correct month is Jan. 2015 crude.
David Williams
Issued: 11/19/2014
Dec. crude oil:
1. Today’s Dec. crude declined of our earlier noted long entry at approx. $75.10 and triggered our protective sell stop at $74.40 resulting in an approximate $.70 loss on the position.
2. While today’s sharp decline is unusual behavior, it may not invalidate the original expected advance and test/attempt at $75.75 (or higher) into tomorrow, Thurs., Nov. 20 (+ 1 day). Will update in tomorrow session.
David Williams
Issued: 11/19/2014
Jan. crude oil:
1. Please disregard the previous update as our protective stop has not been hit in the Jan. crude oil contract as yet. We apologize for the inconvenience.
David Williams
Issued: 11/19/2014
Jan.. crude oil:
1. Today’s Jan.. crude declined off our earlier noted long entry at approx. $75.10 and triggered our protective sell stop at $74.40 resulting in an approximate $.70 loss on the position.
2. While today’s sharp decline is unusual behavior, it may not invalidate the original expected advance and test/attempt at $75.75 (or higher) into tomorrow, Thurs., Nov. 20 (+ 1 day). Will update in tomorrow session.
David Williams