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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Wyätt Gwyön who wrote (22711)12/1/2004 2:04:10 PM
From: russwinter  Read Replies (2) of 110194
 
Took one of the warmest Novembers on record
cpc.ncep.noaa.gov
to finally get a decent distillate build, and apparently the market thinks this mass of Arctic air will stay in Canada, LOL.
Message 20815504

The commercials were already long 113 HO contracts before today's heating oil crash, and it might be fair to assume they are significantly long now? Heck, they may be long the whole complex now. Enough to tempt me into some Feb at 133.50 a minute ago.
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