also playing some oil future spreads
4:30PM report today gave CRUDE a rude 1/2% haircut within minutes
since then crude has almost climbed back to where it was before the report
spreads on future months have begun to grow
indicating people favoring being short the nearer months and buying the farther ones
another oil suPPly glut lurking at the storage sites?
clearly you fail to grasp the meaning of "spread"
which cuRRently can be had for 66 and 63 on the asks
my costs are 64 and 62
and oil is playing out tonight as I hoped
namely down .4% already
I have delivered posts B4 the play and throughout that resulted in my securing 1800% and 2100% gains in 1-2 days
try chewing on that with a little intelligent thought and then you will reaslize you had much more to gain by engaging me in constructive dialogue than this wanabee prattle bullying you seem to prefer
watch the oil futures NOW !!!
DEC = 79.11
Jan = 79.75
Feb = 80.40
my trade is already up 4% since the API report at 4:30PM
oil quotes are here
oil spreads may be viewed here
if pop up link does not work you can find the link under the first link above then click on "View Spread Quotes"
detail on the 4:30PM API report on the USO mb
should mean ERX and USO down tomorrow