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Re: Taxmantoo post# 616826

Wednesday, 03/18/2009 2:02:21 PM

Wednesday, March 18, 2009 2:02:21 PM

Post# of 704047
Finally sold the april-may crude spreads for 1.07. (49.40-48.33)
The average cost was 1.74. Yuck.
Bet on contango to spike one time too many and lost.
Had to leg out of it to even get that much, the highest I saw the spread trade for today was about $0.95

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