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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Square_Dealings who wrote (6250)1/23/2001 11:51:07 AM
From: Nemer  Respond to of 19219
 
this is just a quick thought ....
and might NOT be of any help/relevance ....

back in the days when I traded equities before I learned that the spoo was the proper place for me ...

I traded PETD and traded PETD and traded PETD many times per day/week/month ....
longest time I held was probably a couple of quarters a portion of the position
but
(and I forget now where I found the data ....)
I kept a chart of the wellhead price from the Homa La list and, danged if it "alone" (the wellhead price, that is) was a nearly exact forecaster of the price of PETD ...

but due to the relatively thinly traded mkt on PETD I couldn't trade many more than a couple of thousand shares without ME becoming the market .... ggggg

don't know if this is still true or not ..
and
when I catch some time, I'm gonna check
but
the thread need something to think about besides JT's gold ...... LOL

hi there J .... LOL

Nemer