RE:RE:RE:RE:shorty shortsThe spreads are narrowing. My (very conservative) trading today managed $1.43 to $1.53, $1.47 to $1.51, and $1.47 to $1.51. Oil is drifting down, so those spreads are a little too risky right at this moment.
Moemoney42 wrote: Yeah I've noticed the spreads throughout the day lately have been narrowing... watch you don't get caught on the wrong side if the spreads narrow too much.. it might not be worth trading in and out at that point... but I'm sure you have already factored that in... nice work none the less.. Moe $$
Bpultra wrote: Moemoney42 wrote: Bpultra wrote: 03/31 a dif of -1.5 mil but stll was 10 mill short last prce was 1.09 and price range .90 to 1.09 so remember all the idiots that showed up at that price range.. I also bought in there... LOL
So was I Bpultra... last buy at $.94 cents... looks great today.. ;-)
Moe $$
=======================
Yeah my lowest was 88 .. but then 98 then 1.02 and then 1.20 ... are my traders... and was able to get 10 plus cent swing trades .. but last two days the spread is less .. and seems like buyers want in right now.. and if they get an oil deal this should pop.. wich we would get those old 30-40 sent swings like the old days or even like MEG right now... but thinking we will get some pretty high INV oil levels then the ALgo will kick and drop and then maybe able to scoop before they announce an oil deal and then we move up... that is my hope and my quess