Sometimes discipline can work against you but over time you will see there is no other way to play

We got long at the opening(last night oil opens Globex Sunday at 6PM) and made a half point and re-bought again last night but got stopped out on a short pullback as we witnessed in the AM. We should not be upset that consistent protection caused us to miss the bulk of this 1.5 dollar move upward. Oil is so skittish here we are entirely convinced that its heart is not in this rally. Entry points are intrinsic to success 54.50 lines up as resistance here but it is always the same disciplined play this time we sold so a stop should have placed a quarter above risking only $250  we would prefer to sell after the one hour break but we will feed into this over extension here time 225 members email sent out 220Pm. Open-outcry is over and oil  had pulled back to 54.40 no stop adjustment just yet. If we go into the one hour break short one contract we remind you to replace your stop order or make sure it was entered GTC.  To view charts simply drag to desktop and view with windows media player. If you have any questions about how to place stop orders email at chrgr06@yahoo.com just in case you did not notice our initial entry points are within 5 cents of both the top and bottom it's hard to argu