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I think stops should rarely be used. I can't recall ever using as stop in all my years of trading. I think i did a few times, but can not remember when or why. Stops i think are not a statistical edge unless they can be configured to be used in conjunction with multiple indicators beyond...

Nobody wants to own a close end fund with high expenses that tracks oil with no gurantee that it will trade 1:1. Thus 10% discount is where it settles. Many closed end funds trad at 10-20% discounts. However, i would think that USO would trade at a smaller discount than the current...

Funny, when Oil was $25 you never heard anyone talk about it going to $40 or $50. Another very interesting thing about oil prices, is that the big big rise began when CNBC began doing live brodcasts from the NYMEX a few times a day back in May 2005. Maybe just coincidence. But i noticed oil...

I don't even see that oil is trading tonight? What exchange do you see it trading on and at what is the current quote? Thanks. Will Nymex be open on monday? i remember it being closed friday after thanksgiving i think. So may not be open tomorrow.

From home I only have bloomberg 30 minute delayed quotes. guess i will know in about 10 minutes.

HB's set up for a 10% bounce. But that is probably it. Inventories will be high for another 12 months at least. A sustained up move probably won't happen for another year. Unless things get much worse, the stocks can't fall much more because they all all trading at near book values. Book...

You will have to disclose your bankruptcy when you apply for your series 7 securities liscense. But is not an issue when getting your liscense.

None of the good traders that I've met use charts. I know of know successful trader that relies primarily on charts. I do not use charts

5 divided by 9 is chance of hitting target

Generic trading of philadelphia / Carlin has very good software and reliability. Rates are low enough to not be issue.

EOG just issued a Sec filing saying that they put on collars on about 10% of production for 2006. Based on that very few companies have hedged any significant amount of their production at the super high prices. I'm sure some collars and hedges were put on. But do not believe that it is a...

I thought that 9's might be the bottom for natural gas. Now I'm not so sure as I see that the 15 day weather forecast has shifted dramatically warmer 3 more times today and now showing super warm temps for another 15 days...

I think i Pay .004 and I trade 4+ million shares a month and have 20 times your deposit down. If you are asking for .001 I assume that you already have much better deal than me already. If you have .002 or .003 already seems like you are doing well. I never think about commissions at...

Everyone remembers how market got killed at start of 2005. So everyone afraid to buy now. So my guess is that the opposite happens this time and market goes crazy in January. +7% to start year next month.

Nat gas futures trade thinner than an internet IPO in 1999. This is supposed to represent a $300 billion+ market but my order can knock the bid or offer. Crude oil futures are a more orderly market, but there are major problems here as well. Problem as I see it is that volume traded in...

"Police said only two of the wounded suffered serious injuries. More explosions were expected for several hours at the depot, which stores 4 million gallons of gasoline, diesel, kerosene and aviation fuel." 4 million gallons is only 100,000 barrels of oil. If it is true that this is accident...

No, there is plenty of natural gas in storage. We could have the coldest winter in history and supplies would be adequate. Last year was very cold winter and there was still 600 billion left in storage. And November was already milder than average so whats chance that this season would fall...

So you saying nat gas prices are nearly double last year because it might be a cold winter?

Nat gas inventories well above 5 year average and within 1.7% of last year's levels. http://tonto.eia.doe.gov/oog/info/ngs/ngs.html So what is the problem? Is nat gas just another commodity bubble created by greenspan easy money.

Generic trading seems like one of the best in my opinion. I have traded at 3 props and Generic technology is best. Never had problem anywhere.