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Man it's gonna be ugly for both commodities and the Equity market tomorrow unless something miraculous happens overnight.

Futures closed, panic selling on the euro I suppose. Same thing with the yen, it went to 106.5 from 107.2 in 3 minutes.

I suppose a little bit after the Asian Financial Crisis where their currencies crashed, we just might see that with the Euro / Sterling.

They got hell to pay. For the longest time, they thought the EU is made up of Germany and France alone. A lesson learned by these guys. Looking more like Bernanke is a genius at this point. Inflation down and we don't even have to raise rates.

Holy smokes, euro is just going thru support like it's butter. It just lost 100 pips in 1 hour! I'm feeling like a crash is coming and will look to buying up the Yen hand over fist.

Yeah, I don't see the Feds raising rates. This is all talk. Besides, inflation has been moderating and seeing that world economy is taking a sh*t, I doubt there will be much demand to hold up commodities.

If RBOB closes above 2.72 today, I will be a buyer at this level.

Still holding ICE from 84.50 ~ 10% gain in 2 weeks. Looking for 100+ by next week or week after with stop at 89.80.

Awesome, now you can get those 4 for 5 at arby's.

That guy's probably some snaggle-toothed redneck from the backhills of West Virginia that's never been out of state let alone the country. He's just been watching Full Metal Jacket too many times.

Chart tells it all. I am a buyer on here and I like the risk reward. We've seen 2 weeks of indecisiveness and the market seemed like it has found good weekly support ~ based on candlestick pattern and long term trendline. Gustav or no Gustav, I think we go up from here.

Isn't the contradictory part be buying since obviously, it was sold down towards the last 15 minutes of market (if I recall correctly). Also, the price seemed like people weren't willing to take the risk that hurricane might be a non-event as far as the refineries are concerned. I...

Sad, but you just don't get it. Also, why the hell are you trading when you barely have any money left to survive? I think you should cut your losses, go find a job or go back to school, then come back when you're properly capitalized.

This is just me but I got a weird feeling that crude might end at 117-ish today. I'm not buying though nor am I recommending. Just a gut feel.

The problem with you is that you don't know what you're doing. You read the news, you interpret the news, then you tell yourself oh it definitely has to go this way. The market doesn't have to "definitely" go one way or another. I told you at the beginning of this thread, it's not always as...

Please send your resumes and cover letter to traderjobs@mailinator.com

Riskarb = atticus

Actually, it wouldn't have been luck. If you're a smart trader, you would have waited and see how the trades go after a big news release like that. When things settled down, all you need to see is that price wasn't going down despite "such a huge drawdown". Also, you could have picked up...

To those who shorted because it's "OBVIOUS" Repeat after me: M-A-N-I-P-U-L-A-T-I-O-N. Gotta blame it on something.

ICE won't hit zero. You can trust me on that. And obviously, when I say strong support at 80, Any point below that is where a stop would be placed.