03 July 2012

Time to buy heating oil and sell gasoline?

No.  That was back in May but don't ask me as I live in NYC and don't have a car or have to pay to heat my luxury coop on Manhattan's tony Middle Eastside. But it's still not too late.  Long HO short RB still looks good until at least September if past seasonal patterns hold.  And who are you going to trust if you can't trust Mother Nature?  BTW the journal Nature says sea levels will continue to rise for several hundred more years no matter what Obama tries to do or Romney doesn't do.  It's baked in the cake.  So if you are interested in beachfront property in Manhattan, call me in about 60 years.

Want to play with these charts?  futures.transmatch.com

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