jangseohee

CL1!, drop to channel bottom?

NYMEX:CL1!   Light Crude Oil Futures
1055 34 13
On the monthly chart todate, i still see any silver             lining in crude oil             .
I just pray damn hard that it will not fall to 25 which is unimaginable, and for the first time, i hope this channel doesn't play out properly
RSI is all time low and i could see that RSi is also trapped in this down trend channel!
Horrific!
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jangseohee HamedAghajani
I have been trading using channels, and for crude oil, i hope the channel will not materialize :-)
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There are countries/people in suffer under these prices. I hope to
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jangseohee HamedAghajani
For sure, Russia no 1
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My country, Iran, Number 2
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jangseohee HamedAghajani
Assalamu 'Alaikum
Iran is a haven to me, pretty nice scenery, i like the Mosque
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You should plan for a visit. Some of the Mosques in Isfahan, Shiraz and Tabriz, are extraordinary
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jangseohee HamedAghajani
Certainly, a one month backpacking route..
but i am only worry about safety
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Iran is a Safe Country. No problem, Guarantee. Just get the Visa
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jangseohee HamedAghajani
I tried once to get VISA but no response
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jangseohee HamedAghajani
Are you from Tehran?
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I am from Rasht, http://en.wikipedia.org/wiki/Rasht. However, I am living in England for 7 years now.
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jangseohee HamedAghajani
Northwest of Tehran, perhaps 6 hours by bus?
Lovely photos from Rahst, i suppose it would be cold during winter time
http://www.trekearth.com/gallery/Middle_East/Iran/West/Gilan/Rasht/
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Yes, that's about right. 5 hour's coach ride. The photos were mainly suburban areas around Rasht. These places are very special and close to my home town: https://www.youtube.com/watch?v=-_zF7nbEvwY & http://en.wikipedia.org/wiki/Lahijan. Get in touch once you planed for the trip, and I would be happy to comment on your itinerary.
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HamedAghajani PRO HamedAghajani
Sorry, the youtube link was mistakenly sent: http://en.wikipedia.org/wiki/Masuleh
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jangseohee HamedAghajani
actually I suffer as well, though the oil falls, but daily expenses keep increasing
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There should be an AB=CD formation after hitting 30s, I suppose. At least a 38.2% retracement
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jangseohee HamedAghajani
I don know how :-)
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41.35 is a level it can bounce of
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possible
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What's the break-even price for XOM, other oil majors? Pretty sure $20 will push them into bankruptcy.
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jangseohee JohnKeverich
Hi John,
this is what CEO of XOM claimed last month, $40 is still "OK"
http://www.cnbc.com/id/102233339.

If the drop to $20 only for one month, that is alright, but longer than a quarter, more will join XOM into deep debts and hence affect the earnings and thereby bring down the stock :-)
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YES YES YES
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play4trade play4trade
22.28 is my target
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jangseohee play4trade
unbelievable.. even as a bear myself, quite hard to imagine that would happen :-)
but it will be good for my put optionsssssssssssssssss
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play4trade jangseohee
LEGGO!!!!!!!!!!
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play4trade play4trade
$XOM too!!!! 70's coming soon!!! $XLE $$$$$$$$$$$$$$$$$$
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jangseohee play4trade
Yeah!
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play4trade play4trade
Gas may become 1.00 a gallon in US lol
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jangseohee play4trade
You sound like news spreading bearishness HAHA
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play4trade jangseohee
Everybody wants to buy the dip... CNBC feeding retail traders crap...lol.... 50.00 the time to buy dip??? lol... 6 dollar later, is this time to buy dip???? lol
+1 Reply
worst case continues
snapshot
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