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My gut feeling is that tomorrow there is going to be a bounce back from an over correction in the markets. To put it in perspective equity markets have gone down about 10% in the past week, whereas commodities have gone down about 16%. This would suggest to me that there is going to be a correction made in the markets here soon. Plus we have a production report coming out on Monday.
I suggest that we take a position on either side of the market. I suggest that we buy a future if the market opens $.05 higher tomorrow, or sell a contract if the market opens .05 or more down tomorrow. On both of these options I propose using a 10 cent trailing stop...
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