gasoline

General discussions about futures.
Post Reply
Spectre
Roundtable Knight
Roundtable Knight
Posts: 136
Joined: Sat Mar 03, 2007 9:04 pm

gasoline

Post by Spectre » Fri Mar 23, 2007 7:16 pm

gasoline will have a hard time moving higher, the democrats will lynch the oil executives, and the GOP will be blamed for high gasoline prices. Investigations into price gouging.

The next presidential election will hinge on the price of oil, and oil will be discounted, works in well with a dollar rally, commodity slump.

Turbowagon
Roundtable Fellow
Roundtable Fellow
Posts: 82
Joined: Wed Oct 08, 2003 1:19 pm
Location: Washington, DC

Post by Turbowagon » Wed May 23, 2007 10:17 pm

I could see a low-risk long swing-trade entry here, RBN7 buystop @ 2.2487, stop-loss 2.1899. I can't take the trade because the contract is too big. Speaking of which, I wonder why trading in the mini-RBOB(QU) is so light? Oh well,...

dave3076
Roundtable Fellow
Roundtable Fellow
Posts: 87
Joined: Thu Dec 01, 2005 10:51 am
Location: London

Post by dave3076 » Thu May 24, 2007 3:58 pm

why not goto your petrol station and buy a gallon! if, buts and maybes, woulda, shoulda, coulda!

Turbowagon
Roundtable Fellow
Roundtable Fellow
Posts: 82
Joined: Wed Oct 08, 2003 1:19 pm
Location: Washington, DC

Post by Turbowagon » Thu May 24, 2007 9:15 pm

You're right! 21,000 gallons from my petrol station is far more "liquid" than the QU mini-RBOB contract.

dave3076
Roundtable Fellow
Roundtable Fellow
Posts: 87
Joined: Thu Dec 01, 2005 10:51 am
Location: London

Post by dave3076 » Thu May 24, 2007 11:07 pm

could get messy!
Why not try a spread bet.

Post Reply