Search results

  1. B

    Blow Off Top Tonight!?!

    Going down hard!
  2. B

    Rick Santelli--Assertion--All CL Have To Take Physical Delivery?

    It appears that the Non-commercials are net long, and the Commercials are net short based upon the latest report for both light sweet and WTI . I am guessing non reportable positions means that these traders haven`t been classified as commercial/non commercial. OPEN INTEREST: 2,773,140...
  3. B

    Rick Santelli--Assertion--All CL Have To Take Physical Delivery?

    CRUDE OIL, LIGHT SWEET - NEW YORK MERCANTILE EXCHANGE Code-067651 OPTION AND FUTURES COMBINED POSITIONS AS OF 05/20/08 | --------------------------------------------------------------| NONREPORTABLE NON-COMMERCIAL | COMMERCIAL | TOTAL |...
  4. B

    Rick Santelli--Assertion--All CL Have To Take Physical Delivery?

    Sorry folks the first 3 commitment of traders reports are all old, the last one is the government report dated with a May 2008 time stamp at the bottom, and seems to be the latest and valid source:)
  5. B

    Rick Santelli--Assertion--All CL Have To Take Physical Delivery?

    The forbes is old news circa 2005, but it helps in understanding how to read these damn reports, telling me what to look for.
  6. B

    Rick Santelli--Assertion--All CL Have To Take Physical Delivery?

    http://members.cox.net/dmrc/CFTC_Reports_Energy_HO.htm http://www.commitmentoftraders.com/reports.htm http://www.forbes.com/markets/feeds/afx/2005/05/23/afx2048210.html http://www.cftc.gov/dea/options/deanymesof.htm
  7. B

    Rick Santelli--Assertion--All CL Have To Take Physical Delivery?

    Well, maybe that`s why price went down......lol, your right 5-yr....due diligence. So, do you add the 2 Ice contracts together? And what % of non physical delivery does it take to Move price over a 2-month, 3 month period given a certain bias? What % of the Nymex market is...
  8. B

    Rick Santelli--Assertion--All CL Have To Take Physical Delivery?

    Unless I am missing something, it appears that the ICE exchange plays a large role in manipulating price w/o the need of physical delivery-----So it looks like we have exploded another market myth!
  9. B

    Rick Santelli--Assertion--All CL Have To Take Physical Delivery?

    I don`t know all the facts, I use the available knowledge I do have, use logical intuition and inferences, bet there is a whole lot of misinformation as to exactly what the facts are regarding the crude market. The goal of this thread is to try and seperate the misinformation from the facts...
  10. B

    Rick Santelli--Assertion--All CL Have To Take Physical Delivery?

    ICE has a cash settlement option and does 2/3 of total crude trading. Source to verify?
  11. B

    Rick Santelli--Assertion--All CL Have To Take Physical Delivery?

    Are the commodity indexes and ETF`s "wharehousing" crude to account for investment dollars pouring into these financial vehicles, thus artificially taking supply off the market? no they buy and roll near month futures contracts With regard to Gold they do right? Well, it seems that...
  12. B

    Rick Santelli--Assertion--All CL Have To Take Physical Delivery?

    The crude futures market maybe at one time was a physical delivery market, but it has taken on the character of a paper traded market like a CROX market cap to some degree, we all knew Crox didn`t have that REAL size of market cap, it was paper market cap, il has been, especially with this last...
  13. B

    Rick Santelli--Assertion--All CL Have To Take Physical Delivery?

    Isn`t the Future market setting the price for the spot market/cash market? Are the spot market and the cash market the same thing just different jargon, right? I thought the future market sets the price for the spot market to some degree. Is the physical delivery system for CL any...
  14. B

    Rick Santelli--Assertion--All CL Have To Take Physical Delivery?

    I have never taken physical delivery of any Commodity---but his assertion is that there is very little speculation in Oil b/c after 29 days the buyer has to take physical delivery. Intuitively, there is something wrong with that argument b/c many CL participants are not taking physical...
  15. B

    Blow Off Top Tonight!?!

    Those guys voted when everything looked extremely bullish. However, when your local cab driver tells you crude is going to 150, that`s a good indication, that the near-term top in CL is in:)
  16. B

    Blow Off Top Tonight!?!

    uso definately breaks 100 fast, 90 is the big support level to see if it holds that level, but ultimately sometime during the remainder of 2008 the USO will hit 85, we will see if it holds, if not then we will hit the 70`s...
  17. B

    Blow Off Top Tonight!?!

    The top is officially in!!!
  18. B

    How much Capital (Estimate) it takes to make a market in FUTURES before the open?

    Stay focused on the thread`s main question. Ultimately your goal as a trader is to move beyond trading, and become a small player, and ultimately, a big whale, who makes the market!
  19. B

    How much Capital (Estimate) it takes to make a market in FUTURES before the open?

    I remember watching that kramer video where he talks about moving the futures before the open when he needed it to go a CERTAIN direction. How many YM, ES, NQ Contracts does it take on average to dictate market direction, and will somebody bigger like GS always push you off your move?
  20. B

    I just saw a guy living in his car, never before in my hood

    Where in Texas? I heard Austin was a happening place with good venues and cheap living. And the best college ass in the world!
Back
Top