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Maybe he's got a "connection at the airport". :)

Or you could do what normal people do and either hedge or just control your position size. Just throwing ideas out there....lol.

That's not saying much. :)

I do use R and I'm working on getting better with it. I need to get better at pulling data off websites likes ET. I'm sure there is a package on R that makes it easy. That sentiment indicator could be really nice.

King, in economics we learn that price is always set by the marginal supplier defined as the supplier with the highest marginal cost of production. Think of a line of people who are all selling the same product but who each have different marginal costs. In a competitive market like oil...

This is Elite Trader!!!!!!! Roar!!!!! :)

I might actually develop a sentiment indicator based on the chat room total since Baron provides that info in real time. I can grab the data at the top of each hour and calculate a daily avg and chart it over time.

Not just this thread, ET overall. Hell I think we went 4 hours with like 9 total posts on the entire site. LOL. The chat room at one point had like 3 people in it during the middle of the day. It was averaging 50 to 60 a week ago! LOL.

The curve is NOT predictive. It represents the opportunity cost of moving oil through time. In other words, it's a real market with real prices. It's not predicting something, it IS something.

Well, I did my best to create web traffic on ET today. Goddamn this place is a ghost town. LOL.

NDLS does look good. Bumping up against the QTR A up.

A lot of moving parts here. My NQ re-set. My ES is about to re-set. My vol turned risk on. Plus a lot of other things coming together at the same time.

Copper...

This move in Gold looks real too.

All number lines...

Getting very bullish here....added long oil exposure and ES via options.

That's already taken into account.

Number lines are firming up and we might start establishing some ranges here. Oil and natty firming as well. Vol indicator cooling off. The financials look completely awful. XLE is a running joke. But tech is looking decent here and the overall market sans energy is stabilizing...

https://rbnenergy.com/the-downward-spiral-why-the-recent-crude-price-collapse-was-unusually-severe Great article if you guys want to learn more about the forward curve and what's going on in oil right now.

https://rbnenergy.com/the-downward-spiral-why-the-recent-crude-price-collapse-was-unusually-severe This is a great article if you guys want to learn about what's going on fundamentally with crude especially as it pertains to the forward curve. You're welcome in advance. :)