Discussion in 'Trading' started by LT701, Sep 28, 2006.

  1. LT701


    isnt it rather odd that gasoline futures went down much more for october than december and january?

    hhhhhhmmmmm, maybe there IS something to the election and prices

    anyone think gasoline is bottoming?

    i waddled into a couple of long jan gasoline contracts today, feels kinda weird hoping it goes up

    (reminds me of a sienfeld rountine years ago, where he talked about nature shows, how you'd cheer for whatever animal was featured - if it was a show about antilopes, you'd boo the lions, but if it were a show about lions, you'd cheer them, and hope they get the antilope - that mindset really applies to trading)
  2. LT701


    10 weeks straight down, you'd think there'd be a bounce
  3. LT701


    and here is is


    gasoline to the moon!

    only the rich, affording mopeds!

  4. LT701


    seriously, anyone think this has temporarely bottommed?

    lotta money to be made on futures if it is
  5. Its at support but may not bounce till after elections.
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  6. LT701


    surpisingly, december gasoline futures HU didnt go up as much as oct/nov yesterday, and the spread is only about 5 cents, if this were truely rigged for elections it could be as much as 50 cents

    you'd think you'd see the post election futures climbing

    i'm not argueing agaisnt you as i was playing all of them
  7. LT701


    where'd you get that chart?
  8. LT701


    weeeeeell, it's either double bottoming

    or crashing

    any thoughts?
  9. I heard that Goldman is still unloading his gasoline contracts, around $6 bil in total.

    I don't think anyone is willing to get in front of that train.

    Sholud be over in mid October.

    My $0.02
  10. LT701


    checkout VLO's chart today

    gasoline futures bounced too

    any thoughts?

    double bottom?
    #10     Oct 4, 2006