Cl Inventories Report Today

Discussion in 'Energy Futures' started by 12121212, Jun 3, 2009.

  1. 12121212

    12121212

    Today (Wed. June 3rd) at 10:30am, there was the regular weekly Crude Oil Inventories Announcement / report. It saw Crude Oil drop in price from $67.40 at 10:28am to $66.90 at 10:36 . . . . a $0.90 drop in 6-7 minutes. . . . which is fairly common (up or down at the report time).
    What is of interest to note, that our Trading Group was told to wait for 20-30 minutes AFTER the 10:30 announcement AND THEN sell short Crude Oil at $67.05 . . . . whereafter it further dropped to $66.30 in 35 minutes ! ! ! Excellent profit for our whole Trading Group.