20050907 The short positions doing ok now. Three days in a row down. A moving average level here holds the market at 64.00. Might wait for a move to about 0.25-0.30 below 64.00 then put in a stop to cover shorts at 64.00 and turn long for a swing trade back up. CCI though broke support and staying below zero, indicating possibility of accelerating downside momentum. 

Crude Oil futures chart