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Limit up in the overnight session. What else is new when someone with huge position is caught on the wrong side? 10 bucks coming like soybeans 2 yrs ago?

It shouldnt have any effect. I dont think the spread is affected by the margin change. I heard locals are on the bear spread along with the funds. The australia news hit, and there are some problem with harvest over there, the spread took off.

Say I dont know. Seriously, what exactly do traders know except reacting to the fact?

U can try Dubai if u are interested in heavy crude at the Dubai Mercantile Exchange.

Look at the wheat Z6/U7 Spread. The front month is up 6 and the back month is down 7. The spread moved 30 cents in 2 days. It looks like another hedge fund got stuck.

Big dow is electronic too. I think u are referring to the $10 Dow.

I think they have floor access. If u are stuck, i guess u are not too familiar with ur broker.

What's the number to call for an update? Is it the same as last time? Does anyone have it? I think i need to put it on the speed dial soon.

From past experience, usually after 1300 when all the technicians are back from lunch. Just to let u know, right now they are on their coffee break

Not really. I have access, but no pit quotes. So useless.

Damn, i was gonna buy corn at the open. What happens to the gold traders? Do they go to COMEX or just pray and hope for the best?

All over again??? Anyone?

Yup! Congrats Jerry. U deserved it. It looks like another broadcast.com deal back in the nasdaq bubble days to me. I wonder whether another Mark Cuban is in the making in Austin.

Dont leave dont leave. We need u here. U will eventually be right even if we rally some more from here. I would think it is stupid if u leave because the spooze rally 10 pts more and goes into a free fall after the last leg of short squeeze.

Isnt the choppiness due to getting into a big number (ie 1350)?

Here is a quote from Mark Fisher for the rich guy who keeps averaging down: If you think you have an edge buying something at 6 dollars, should 2 weeks later be still trading at the same price or even a lower price? or should others have to pay up to get in?

U know what the amazing thing is Mav? The amazing thing is someone who is down 1200 ticks still have the ability to average down a couple of more times. More power to him!

Idiot! Never admit wrong doing. Chances are he would be let off the hook if he doesnt admit anything

All region has cash market. I think platts has the quotes for it

What do u mean by envelop Don? Can u eleborate a little bit the details of the setup. I thought u dont trade futures.