isnt it rather odd that gasoline futures went down much more for october than december and january? hhhhhhmmmmm, maybe there IS something to the election and prices anyone think gasoline is bottoming? i waddled into a couple of long jan gasoline contracts today, feels kinda weird hoping it goes up (reminds me of a sienfeld rountine years ago, where he talked about nature shows, how you'd cheer for whatever animal was featured - if it was a show about antilopes, you'd boo the lions, but if it were a show about lions, you'd cheer them, and hope they get the antilope - that mindset really applies to trading)
surpisingly, december gasoline futures HU didnt go up as much as oct/nov yesterday, and the spread is only about 5 cents, if this were truely rigged for elections it could be as much as 50 cents you'd think you'd see the post election futures climbing i'm not argueing agaisnt you as i was playing all of them
I heard that Goldman is still unloading his gasoline contracts, around $6 bil in total. I don't think anyone is willing to get in front of that train. Sholud be over in mid October. My $0.02