OilTradingAcademy (November 30, 1999 at 12:00 am)

I offer an online Oil Trading Room at my website if you're interested.David

vikurupa (November 30, 1999 at 12:00 am)

very good and clear tone of voice. very international

SpiritofDevotion (November 30, 1999 at 12:00 am)

Nice work, and very clear explanations. Keep it up.

birchmanllc (November 30, 1999 at 12:00 am)

Dave,Good one you are talking about stuff that isn't discussed much if at all. Truth be told this is about as safe as you can get in the futures market playing them right. Large companies such as Southwest airlines used hedging to lock in the low oil prices years ago. The other thing is the margin on hedged positions is typically way lower than straight positions taken. Normally about a fourth or fifth of straight contracts.

kinouye (November 30, 1999 at 12:00 am)

can you do a simulation on thinkorswim it would be greatly appreciated?

InformedTrades (November 30, 1999 at 12:00 am)

Hi, I always say that the only dumb question is the one that is not asked. Very few futures contracts are held past the last trading day because generally the goals of the person looking to buy goods can be accomplished more easily by using the futures markets to hedge and purchasing the physical product from a local dealer. Best Regards, Dave

mrjaywilliams (November 30, 1999 at 12:00 am)

This might sound dumb but...Why would somebody sell their futures contract if they require the goods from it at a later date?