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TFC Commodity Trading Forum

Re: weather Feb 13-20th/CJ
In Response To: weather Feb 13-20th *PIC* ()

Hi CeeJay,
Thanks for the update/comments.

I was leaning toward this being a bearish day/week, but so far it hasn't turned out that way !!

The storage estimates came in at -72 to -94 which is pretty wide range and likely giving rise to the uncertainty the players seem to be having with price. I clearly expected this turkey to be down in the 2.46 area at this point, not way up here at 2.57 and it actually hit 2.6 earlier !!!

I still don't trust things. The few decent trades last week where short and watching like a hawk !! I thought I might catch a little bit of a run, but it wasn't to be !!

Have a great week.
Lee

Messages In This Thread

weather Feb 13-20th *PIC*
Re: weather Feb 13-20th/CJ