Discussion in 'Commodity Futures' started by erlewine, May 12, 2009.
Anyone know what the news was @ 4:30pm eastern?
API's come out. Similar to DOE's but not given as much attention because reporting of data is voluntary.
How about the spike at 10:30 ET this morning (Wednesday 5/13)?
Wednesday at 10:30 is the weekly inventory reports...
If you don't know that, don't trade oil or you will get killed.
Well, you can still get killed trading oil even if you know about these reports but at the very least it is probably better to know about the truck coming beforehand rather than after it runs you over .
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