[pup55]

$this->bbcode_second_pass_quote('', 'S')ell April crude at 11020 stop 11120.
Sell April RBOB at 27400 - stop 27600.
Sell April heating oil at 30200 - stop 30500.
Buy April natural gas at 960 - stop 950

[DantesPeak]

$this->bbcode_second_pass_quote('', 'M')ar 7: It might not be a bad idea to short gasoline and go long an equal amount of heating oil the next few weeks. That's because of the gasoil shortage in Europe, sucking distillate supplies from the US to there. In addition, this would be before summer blend gasoline is in full use.

[oilluber]

my fundamentalist idol, Dantes, second only to the great pupp, now moving into
the big ocean with the big sharks Pickens and Flynn, what is the world
comming to ??

[pup55]

$this->bbcode_second_pass_quote('', 'S')topped on short April crude from apprx 11020 at apprx 11120. Buy May crude at 10600 - stop 10500.
We're short April RBOB from apprx 27400 - stop 27500.
Buy April heating oil at 29900 - stop 29400.
Buy April natural gas at 967 - stop 957.

[oilluber]

phylll got a lucky break today, with the Bear sterns sell off in oil futures, he may have made some $$.
Only a God-Trader can anticipate US finanical institutions going bankrupt.

[pup55]

$this->bbcode_second_pass_quote('', 'S')ell May crude at 10900 - stop 11100.
Stopped on short April RBOB from apprx 27400 at apprx 26400!!! Sell May RBOB at 27600 - stop 28000.
We're long April heating oil from apprx 29900- raise stop to 30400!!! If not stopped, roll to the May contract market on close.
Buy April natural gas at 890 - stop 880.

[oilluber]

down some more on crude: Sell May crude at 10420 - stop 10700.
Sell May RBOB at 26900 - stop 27200.
We're short May heating oil from apprx 28700 - stop 30000.
Sell May natural gas at 980 - stop 990.
Have a GREAT day!

[pup55]

Bad news for Phil.
As oiluber points out, phil's short crude oil trade went the wrong way and was probably stopped out at 107. Loss: 2.80 or $2800
The HO trade above where he went short on 3-25 was stopped out yesterday at 300
Some days, you just do not feel like getting up in the morning. This is a loss of 13 cents or $5460

So for the last couple of months since we have been tracking him, his running total is $-12,002. If he keeps this up, it is going to be a bad christmas around the Flynn house. I suppose we should send a link to this thread to Fox News so that they are aware of this amazing record.

To make matters worse, if you are one of his customers, he is charging you a commission for this pleasure, over and above that. We should try to figure out what his commission rate is, so we can calculate how much one of his customers has lost.
Most of the lossses where when he got cocky and tried to short the market and it flipped on him. He is still deep in his heart bearish on the market.

[DantesPeak]

$this->bbcode_second_pass_quote('pup55', 'B')ad news for Phil. He is still deep in his heart bearish on the market.

[pup55]

$this->bbcode_second_pass_quote('', 'S')ell May crude at 10850 - stop 10950.
Stopped on short May RBOB from apprx 26900 at apprx 27200.
We're short May heating oil from apprx 28700 - stop 30000.
Buy May natural gas at 910 - stop 890.

[oilluber]

hows fllynn doing after his latest loss on the crude oil trade ??
was he short again, to take another bath ??

[pup55]

I don't think he ever got his trade filled. He set his order too high. He is trying to wait for the market to get to a top, way over what it is currently trading at, then shorting it. He is still a bear at this point.
$this->bbcode_second_pass_quote('', 'S')ell May crude at 10770 - stop 10850
Sell May RBOB at 27850 - stop 28000.
Sell May heating oil at 31000 - stop 31500.
We're long May natural gas from apprx 940 - stop 933.

[pup55]

Update: More bad news for Phil. In the last four hours since I posted the above, May NG turned around and stopped him out at 9.33
There was another $700 loss. New total, -$13,962
Phil had some nerve to go long on NG with the daffodills coming up out of the ground, but surely he knew what he was doing. Heating Oil is still quite strong today, maybe he thought there would be some sympathetic movement.

[oilluber]

he will nail the top one of these days, after much cash expenditure.
he does have alot of cash to burn I presume.

[pup55]

More bad news for Phil. Honestly, at this point he cannot catch a break.
His crude oil short sale got filled at 10770, and summarily stopped out at 10850, for a loss of 80 cents or $800.
Plus his RBOB short trade has been filled, and the market is going the wrong way on him. He is not stopped out yet but he has a good chance of losing 1.5 cents when it hits 280.

To make matters even worse, Natural gas went way way up today, over 30 cents, and if he had not been stopped out on Friday he would have made some money.
So he is at -$14762 at the moment, but we will be patient, because his strategy might work on the Unleaded, if it tops out miraculously.

[pup55]

$this->bbcode_second_pass_quote('', '"')We're seeing the funds jump in and buy commodities,'' said Phil Flynn, a senior trader at Alaron Trading Corp. in Chicago. "Commodities had by far the best returns during the last quarter. It would be risky to bet that either the stock market or dollar has hit a bottom yet.''

[pup55]

$this->bbcode_second_pass_quote('', 'W')e're short May crude from apprx 10770 - stop 10850.
Sell May RBOB at 27850 - stop 28000.
Sell May heating oil at 31000 - stop 31500.
We're long May natural gas from apprx 940 - stop 933.

[oilluber]

i would believe, becaUSE of the high risk involved with short term trading (that Flynn claims to be an expert in,) even he, would have to put stop losses on his trades, so He probably did get stopped out.

The important point here is that, even if he went long the futures, he is dancing with the devil trying to outsmart the daily volatility. The lure of making a kill , the ego ingratiating thrill of being able to predict the future is perhaps taking a toll on his own perception of what is possible and what is not possible in the real world.

But then, if he considers himself a God, surely , he can predict the future and the minute volatility that goes along with the commodity market.

[pup55]

$this->bbcode_second_pass_quote('', 'S')ell May crude at 11180 - stop 11250.
We're short May RBOB from apprx 27850 - lower stop to 27700!
We're short May heating oil from apprx 31000 - stop 31500.
We're long May natural gas from apprx 940 - raise stop 955!

[pup55]

Update: Phi's heating oil trade, above, was stopped out at 315 for a loss of 5 cents, or $2100. His new total is -$15400
The natural gas trade that did not happen is going crazy. That stuff is up another 20 cents this morning, and is in the 10.18 range. If he had been long at 940, at 10.18 the profit would be $7800 so he would have made up for a lot of his previous unsuccessful short selling.
His crude oil trade, above, is also in danger of being stopped out over 112. We will see if his stragegy of shorting the resistance levels will pay off. It has been a catastrophe so far.