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Commodity Trading Discussion Forum

Re: Something Fishy Going on/Lee/Trades

Posted By: Lee
Date: Thursday, 2 July 2009, at 7:37 p.m.

In Response To: Re: Something Fishy Going on/Lee *PIC* (Trades)

Hi Trades,
That chart makes sence.

My comment on Crude was mostly driven by what looked like a large drop today.
I don't trade crude, nor follow it closely other than keeping an eye on it in the streaming quotes since it does have a bearing on other markets.

I have clearly not sorted out the relationships between "front month" and future months pricing - [what conclusions to draw ?] At best, I think I view the farther out months as an indication of what the longer term expectations of the market are (at the moment).

Where am I ?:
Currently, North Jersey, trying to get this house sold and then back to Vermont. I got caught in the housing bubble. What looked like would be a 200k+ chunk for the retirement kitty, looks like it is going to be a bust.

Anyway, life goes on ....

Thanks, Lee

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