Quote from running_bare:
HO down over 3.5 cents on the day...freefall
Shouldn't HO be moving positive because of the forecast cold weather in the NE (like NG)?
(dunno what the inventory levels are)
No, this is what I was trying to say earlier, you can't simply assume that because it's peak winter season or peak driving season or whatever else, that is not tradeble. The levels are tradeable.
I'm attaching the monthly and quarterly levels for HO. We had a perfect failed A up on the monthly and the Qtrly. Almost to the tick on the monthly. You'll also see the perfect bounces we had off the monthly A downs and QTR A downs.
