Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Talking about stats, it's the games played on the LME that I love.

People shift piles of metal across the white line in a warehouse - so it's "off-warrant" - and all of a sudden LME stocks are down and the price rockets.

Best Market there is.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Sat Sep 9th, 2006 at 10:56:17 AM EST
[ Parent ]
In the old days, people alleged that trader refiners would hold out VLCCs of crude just so they'd miss the deadline for API/DOE reporting.......a 2 million bbls swing can make a difference as you well know.

there were a couple of players I'd believe it of.

If was even worse when the API's came out a day before the DOEs.  No legal requirement to tell the API the truth.

by HiD on Sun Sep 10th, 2006 at 01:32:45 AM EST
[ Parent ]


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