Posted by angrybeagle on 12th of Mar 2009 at 02:18 pm
clj9 an clm9 are up nicely. DXO looks good,
it hugged support and then bounced up off it this
AM. I would like to see it get through 2.50, but I'm not
complaining if it doesn't do it today.
Updated charts for DXO and WTIC. I sold 1/3 at 3:40 today
at 2.50. Rode it up and down in the channel last time and
will now listen to the voice of Matt and Steve in my head and take
profits and move up stops. I don't see any reason this won't
go to the top of the channel, but opinions and comments
welcome.
Posted by angrybeagle on 13th of Mar 2009 at 04:03 pm
Stopped out of my remaining shares of DXO today. Might
have set the stop to close, but I'm not going to worry about
it. Will look to re enter if it drops to the bottom of the
channel. Have a good weekend and we'll see what OPEC does
this weekend. I may have missed a good opportunity, but I'm
sure I'll sleep better this weekend since I'm out.
Posted by angrybeagle on 15th of Mar 2009 at 09:36 pm
Looking to see how DXO opens tomorrow. I'm looking to buy
around 2.20 - 2.24 if the support trendline holds, if it breaks
then I'll re-evaluate my entry point. We'll see, but I think
a good buying opportunity is coming since OPEC did not cut
production.
Posted by angrybeagle on 13th of Mar 2009 at 04:46 pm
The name is kind of a joke. As a Beagle owner you know
they are pretty happy go lucky breed, but the last Beagle I had was
ornery when she did not get her way. She had a habit of
going into a corner and making loud sighs to let us know her
displeasure. It was a real trip to see, hence The AngryBeagle
name was born. Whiley (the beagle's name) is no longer with
us, but the name lives on.
clj9 at 4100 : necktie support
DXO opinions
Posted by grantorino72 on 12th of Mar 2009 at 12:55 am
Start with a light position on the DXO. I have a stinker bid at $1.99 for 3000 shares.
UGA around $20.70 - look at BPT dynamic chart and that trendline comes in around that area. Again, go light.
There are mixed signals on the set-up, not like back in February when Oil had a washout and the DXO plunged to new lows - that was an easy trade!
This trade is a little bit trickier because OPEC may not cut on the weekend.
Watch USO gap fill around $25.50 I think it gets taken out and we see $25.00 intraday before a bounce. USO rollover is completed.
CLJ9 gotta hold 4100 on the settlement close.
clj9 an clm9 are up
Posted by angrybeagle on 12th of Mar 2009 at 02:18 pm
clj9 an clm9 are up nicely. DXO looks good, it hugged support and then bounced up off it this AM. I would like to see it get through 2.50, but I'm not complaining if it doesn't do it today.
DXO 60min-031209.png WTIC-Daily-031209.png Updated charts for DXO and
Posted by angrybeagle on 12th of Mar 2009 at 04:32 pm
Updated charts for DXO and WTIC. I sold 1/3 at 3:40 today at 2.50. Rode it up and down in the channel last time and will now listen to the voice of Matt and Steve in my head and take profits and move up stops. I don't see any reason this won't go to the top of the channel, but opinions and comments welcome.
Stopped out of my remaining
Posted by angrybeagle on 13th of Mar 2009 at 04:03 pm
Stopped out of my remaining shares of DXO today. Might have set the stop to close, but I'm not going to worry about it. Will look to re enter if it drops to the bottom of the channel. Have a good weekend and we'll see what OPEC does this weekend. I may have missed a good opportunity, but I'm sure I'll sleep better this weekend since I'm out.
Looking to see how DXO
Posted by angrybeagle on 15th of Mar 2009 at 09:36 pm
Looking to see how DXO opens tomorrow. I'm looking to buy around 2.20 - 2.24 if the support trendline holds, if it breaks then I'll re-evaluate my entry point. We'll see, but I think a good buying opportunity is coming since OPEC did not cut production.
Comments or opinions?
Beagle?
Posted by jroger on 13th of Mar 2009 at 04:04 pm
As a beagle owner I have to ask about the name.
The name is kind of
Posted by angrybeagle on 13th of Mar 2009 at 04:46 pm
The name is kind of a joke. As a Beagle owner you know they are pretty happy go lucky breed, but the last Beagle I had was ornery when she did not get her way. She had a habit of going into a corner and making loud sighs to let us know her displeasure. It was a real trip to see, hence The AngryBeagle name was born. Whiley (the beagle's name) is no longer with us, but the name lives on.
Our beagle does those sighs
Posted by bkout3 on 13th of Mar 2009 at 08:11 pm
Our beagle does those sighs too! In her case we read it more as despair than anger -- generally about how long it will be till the next meal