thats what i get for being to cutesy pootsy trying to throw it in reverse while still going 60mph. But at this point it feels risk free with volatility still spiking the 2 calls haven't eroded much. The problem is if this area holds up vol will tank and I'll be stuck in neutral even though directionally speaking I'm on the right side.
CL Redux
- Thread starter schizo
- Start date
Latest comments from Federal Reserve officials implied that the central bank may taper its stimulus program as early as next month
<< thsese Comments took GOLD $18 DOWN , OIL followed the slide with FED Early Taper Fear >>
http://www.marketwatch.com/story/go...month-low-2013-11-12?link=MW_home_latest_news
SAN FRANCISCO (MarketWatch) -- Gold futures fell Tuesday to settle at their lowest level in a month as the latest comments from Federal Reserve officials implied that the central bank may taper its stimulus program as early as next month. December gold GCZ3 -1.29% lost $9.90, or 0.8%, to settle at $1,271.20 an ounce on the Comex division of the New York Mercantile Exchange. Prices closed at their lowest since Oct. 11, according to FactSet data tracking the most-active contracts
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http://www.bloomberg.com/news/2013-11-12/u-s-stock-index-futures-decline-as-news-corp-retreats.html
âThe jobs report Friday, thatâs really what changed the idea that we could have a December taper, and ever since then youâve had more and more comments coming out of the Fed that perhaps it is on the table,âJames Paulsen, the Minneapolis-based chief investment strategist at Wells Capital Management, which oversees about $340 billion, said in a phone interview.
âLast night it was Fisher and now Lockhart. What he came out and said today isnât earth-shattering but it does add to the momentum to the idea.â
<b>Taper Debate</b>
âSome discussion of tapering could well take placeâ next month, Fed Bank of Atlanta President Dennis Lockhart said today in a Bloomberg Radio interview with Kathleen Hays. Dallas Fed President Richard Fisher said in a speech in Melbourne today that monetary accommodation âbecomes riskier by the day.â
<< thsese Comments took GOLD $18 DOWN , OIL followed the slide with FED Early Taper Fear >>
http://www.marketwatch.com/story/go...month-low-2013-11-12?link=MW_home_latest_news
SAN FRANCISCO (MarketWatch) -- Gold futures fell Tuesday to settle at their lowest level in a month as the latest comments from Federal Reserve officials implied that the central bank may taper its stimulus program as early as next month. December gold GCZ3 -1.29% lost $9.90, or 0.8%, to settle at $1,271.20 an ounce on the Comex division of the New York Mercantile Exchange. Prices closed at their lowest since Oct. 11, according to FactSet data tracking the most-active contracts
----------
http://www.bloomberg.com/news/2013-11-12/u-s-stock-index-futures-decline-as-news-corp-retreats.html
âThe jobs report Friday, thatâs really what changed the idea that we could have a December taper, and ever since then youâve had more and more comments coming out of the Fed that perhaps it is on the table,âJames Paulsen, the Minneapolis-based chief investment strategist at Wells Capital Management, which oversees about $340 billion, said in a phone interview.
âLast night it was Fisher and now Lockhart. What he came out and said today isnât earth-shattering but it does add to the momentum to the idea.â
<b>Taper Debate</b>
âSome discussion of tapering could well take placeâ next month, Fed Bank of Atlanta President Dennis Lockhart said today in a Bloomberg Radio interview with Kathleen Hays. Dallas Fed President Richard Fisher said in a speech in Melbourne today that monetary accommodation âbecomes riskier by the day.â
you didn't post about the other fed guy Kocherlakota who later said he thought the recovery was v weak and may need even more stimulus than the current 85 billion 
http://blogs.wsj.com/economics/2013/11/12/feds-kocherlakota-expectations-of-fed-taper-are-puzzling/
that's the problem with trading on news, you need ALL the news.
http://blogs.wsj.com/economics/2013/11/12/feds-kocherlakota-expectations-of-fed-taper-are-puzzling/
that's the problem with trading on news, you need ALL the news.
