Is IB going to be "open" for the Nymex/Globex Sunday Oil trading?

QM is not open yet ... no matter what broker you have ... it is not going to open until 5 pm EST



-The infrequency of Sunday opening is irrelevant - the market is open. A service that bills itself as semi-professional should be open.-
 
I'm guessing we are pulling in some oil speculators now. So, what does everyone think about:

1) Nigeria rebels threating to blow up key bits of infrastructure
http://www.sundayherald.com/51904

2) Iraq - British soldiers have arrest warrants on their heads. Which must be the prelude to all out Iraq-vs-Britain strife.
http://www.cnn.com/2005/WORLD/meast/09/24/iraq.basra.ap/

3) Iran hearing they are going to be served with UN resolutions
http://news.bbc.co.uk/1/hi/world/middle_east/4279468.stm

?
 
Last price is updating as of 5PM ET ($-1.075 as of 5:03PM), but apparently IB is not allowing trading at this time.
 
just took a look, it's at 63.05...hmmm slowly creeping up. I think that it may edge up to 64 tomorrow to fall again into the 50s over the next few weeks. I see a distinct shoulder-head-shoulder formeing
Any opinions?
regards,
joseph
 
thats why I use REFCO canada, for my futures or commods trading. I use IB only for options and equities. IB needs to aquire another deep discount futures broker. They are the best at equities and options, but they are still learning on futures.


Quote from ngn:

I'm not sure when it "opens"... this is riduclose though.

I am already long oil... so glad it has only droped a dollar or so.

Thanks Babak for that link. You saved my blood pressure.

I'm guessing that the 3rd largest hurrican on record passing slowly through the center of the GOM rig field is going to cause at least some damage to the pipelines and rigs. Ivan was slower and caused a hell of a lot of damage. So I am quietly confident.

But it took weeks for the Ivan damage to be reflected in the price - so I'm not sure how long I will hold my nerve :-)
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