CL Redux

Quote from Picaso:

Better yet...

(Sorry for posting off-topic, but you don't see Russia closing exports everyday)

Edit: > <del>10,000</del> 14,000 cars at the bid now!!! Insane.
Sounds like your short and your trying to get me to cover it for you :D :D
 
Quote from Speciaul_K:

Sounds like your short and your trying to get me to cover it for you :D :D

A trader talking his book on ET? Nah... impossible :D

(Plus, CME raised margins yesterday like 40%, so imagine the damage)
 
Quote from Speciaul_K:

Sounds like your short and your trying to get me to cover it for you :D :D

out of curiosity, if you lease a seat what are the position size limits for CL and wheat?
 
Quote from Picaso:

A trader talking his book on ET? Nah... impossible :D

(Plus, CME raised margins yesterday like 40%, so imagine the damage)
The daily limit was moved from 30 to 60 today. If today closes limit up then it will move to 90limit then 120 day after. If your dying to short it wait till the limit goes to 120. My opinion is that wheat is the thinest market and is easily moved limit up or down.
 
Quote from EON Kid:

out of curiosity, if you lease a seat what are the position size limits for CL and wheat?
I believe 10,000 on both. There are some front month limits though. Or you can say your a hedger and get past those limits.
 
Quote from BlueStreek:

those market makers moved up equities to unload all their inventory, you know people want out before tomorrow:)

Whisper number is more than 50% higher than official consensus... but I see your point
 
Employment Situation
Released on 8/6/2010 8:30:00 AM For Jul, 2010
Prior Consensus Consensus Range
Nonfarm Payrolls - M/M change -125,000 -70,000 -150,000 to 0
Private Payrolls - M/M change 83,000 100,000 50,000 to 140,000
Unemployment Rate - Level 9.5 % 9.6 % 9.3 % to 9.7 %
Average Hourly Earnings - M/M change -0.1 % 0.2 % 0.0 % to 0.3 %
Average Workweek - level 34.1 34.1 to 34.2
 
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