CL Redux

[ammo]

Quote from ogarbitrage:

Z/F spread nearing full carry w/ this move down

more details?

 

[ogarbitrage]

At time of writing, the spread was 58/59, presently it came in a tick - now 57/58.

Full carry for wti is ~.50-.55.

Anything in the 60s is a low risk sale, imo.

 

[ammo]

thanks

 

[EON Kid]

GM, big day ahead

EIA Petroleum Status Report
10:30 AM ET

FOMC Meeting Announcement
2:15 PM ET

 

[WongKokHoong]

9.17 am ... that's a fat finger trade? seemed to appear from nowhere..

 

[EON Kid]

Quote from WongKokHoong:

9.17 am ... that's a fat finger trade? seemed to appear from nowhere..

they are prolly shaking out some shorts, there are no fat fingers in crude, everything has a purpose.

 

[ogarbitrage]

"somebody" pushed enough to trigger the stops.

 

[EON Kid]

10/24/2012 10:30 *DJ DOE: US Crude Oil Stocks +5.896M Bbl In Wk; Seen +1.8M Bbl

10/24/2012 10:30 *DJ DOE: US Crude Oil Stocks +5.896 Mln Bbl At 375.126 Mln Bbl

 

[Visaria]

3x as much stockpiled, no wonder it spiked down.

 

[NoDoji]

Quote from WongKokHoong:

9.17 am ... that's a fat finger trade? seemed to appear from nowhere..

I was long .45, moved my stop to b/e +1 after 15 ticks up and was stopped out to the tick before the pop