Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

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.

Messages In This Thread

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