Oh shit, just unloaded all 15, my account balance was dropping fast. I'm gonna call my brokerage and get them to straighten it out. It showing a huge loss????
just tried to post but ET was down - multiplier is $10k for one contract - quite a big player you are...
Let's hope you're joking otherwise, you're lucky to even be up 2% for the year and should probably quit trading.
I wonder if this dramatic opening - against the weather background - represents hedge fund liquidation. Got long in Oct at 6.660, hope to sell on a snapback to half the gap GC
I guess it is an over reaction to the w/e path of Dean - it can still bounce up (Dean) with no Jet present.
Remember guys even though the storm isnt going to do much damage they still had to evacuate all the workers on those rigs. Its still gonna take a toll on inventories I bet we are substantially higher tomorrow after the close than right now!
here's hoping there aren't too many of you guys getting stubborn with these longs. Looks to me like it needs to shake out to 5.690 before the buyers come in
wow... I guess the psychics at your local short NG hedge fund have blessed the gulf with no hurricanes and the entire continental US with no more warm weather. what a joke. i would've never thought a 1.00 selloff in the face of an active CAT5 sitting in the gulf proximity (even though the path is not good for rig destruction). Market is acting like not one short has any desire to cover. This market -never- fails to surprise. Either the shorts are ballsy, or there are no shorts, and NYMEX OI #s are a farce. (aka ICE swaps may cancel them out??) Complete randomness.