Is this the capitulation you referenced back then...in terms of oil and when ISEE is meaningful? How the premiums on one side is >> than the other.
The ACD Method
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Is this the capitulation you referenced back then...in terms of oil and when ISEE is meaningful? How the premiums on one side is >> than the other.
I don't think this is the final capitulation in oil.
yea...honestly...i was expecting much more chaos and bankruptcies...at the very least that Andrew Hall would liquidate.
I think the real pain is going to be time. The storage costs are still very high so even if oil sits in the low 30's for another 12 months, it's going to cost $7 to $10 to store it which is he same thing as oil trading down another 7 to 10 dollars in price. It's all costs at the end of the day.
So in automating this process, are you also able to fill in with back data and analyze historical number lines over longer periods of time? I assume you need to have a good data set of intraday prices--maybe as fine as 1 to 5 minute intervals--to account for the time confirmation?
Thanks, John
Hi John
Sent you a PM. Its probably best to keep the thread on topic of ACD rather than starting a coding discussion. I realize that I will open myself up to a lot of messages but if anyone wants to know anymore about this please PM me.
GOLD....
Exactly. You are able to analyze data in previous market cycles and look for common traits. Very eye opening.
Even Palladium's finding a bid and that's been acting like a POS lately 