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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (10325)	5/8/2001 11:08:12 PM
From: John Pitera	Read Replies (1) \| Respond to of 15481

you are wheelin' and deelin' I see ...... why no go right into the belly of the beast and short the Unleaded Gasoline futures -g-

To: Rich1 who wrote (10325)	5/9/2001 11:11:27 AM
From: McNabb Brothers	Respond to of 15481

Rich, I will trade a commodity every now and then and the best way I have found out is to do the opposite of what ever is making the national news. I believe it was night before last that all three major nightly news broadcast had the price of gasoline as the lead story in how it was going up and was expecting to continue to go up, which if I were going to put a trade on I would have had to sell gasoline short. Also I would use the headline in the Wall Street Journal Commodity section as an indicator as well. If it was bullish I would sell and if it was bearish I would buy the commodity they were talking about. Worked well for me, but found that trading commodities was taking it's toll on me. Now I'm a big time seller of options rather it be puts or calls naked or covered. Like to sell the time value and watch it expire which takes a few weeks instead of minutes watching and trading commodities! Have a good one and good luck with he commodity account. Have to admit, the last year or so commodities have been asleep compared to the stock option and stock markets!