Natty

NG still in a down trend .. however the oscillators are getting better. Need more time to see if a bottom is in place.

H/J back towards flat ~ .01 -the cold weather probably drove it up a bit. Anyone buying H/J here?

 

Lot of correlations in stocks disappeared today. Oil stocks/etc were up, oil down, dollar down pretty big against major currencies, silver/gold flat to down, etc...

 

yep.
also add: 30yr going up with stocks going up

Anyway, will probably revert to "regular" tomorrow or Monday.

 

yeah the bonds were what really suprised me today, it was an odd day for sure. I had orders to buy h/j today but never got hit

 

yea 30 yr move was bizarre, likely correlated to that govt announcement on MBS purchase.

 

Treasury prices advanced overnight. Not really sure how the debt mrkt has been affecting the commodity mrkt though lately.

Re: natty, I think we'll see a $5 handle soon.

Re: crude, I think we'll see $30 alot sooner than I had thought.

 

Really, hmmm talk to you in Jan. I hope its 5 bucks. upside could be very very good.

 

Crude just got rocked. Build in inventories.

Natty data released in 15 min.

 

Crude rebounded handsomely. Fell $1.50 after inventory announcement, now up more than $3 from the intraday low.

 

J.Aron aggressively bidding F EFS.