CL Redux

Quote from trader198:

4points gap between cl july and cl june, any thinking to take advantage of it?

there is no way to take advantage of that contango, other than spreading across both symbols in various tactics. In other words, not by straight longs or shorts

we can expect to see some squirrely CL tapes ahead as rollover process begins. business as usual otherwise, hit the long and short signals with impunity, lock in acceptable gains asap before wicked v-turn swings come right back thru entry
 
Quote from schizo:

Very nice. That should be enough for bar hopping tonight. Make sure your wifey doesn't find out. :D

It was the QM's not the full contract, so half smile. I am still trying to get the proper feel for this market and I sometimes prefer to use the 1/2 contract instead of the full one to limit my losses.
 
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