RE: Forward Contracts7 Apr 2009 21:11
Jone3261
Hi,ive been following your blog weekly,very impressed and did well out of bp,glaxo,and i made a good trade on tesco as well.Did well last week with the good increases although got caught out today thinking id got back in at a lower level,$50 for us light.Looking back brent at 42 seems a good deal,also noticed today that brent has gone back to being at a premium to us light when historically its the other way round.Feel like i went back in too soon today,ah well ! How also do you deal with the rollover spread on brent,ive bought the dec etc 1 month contracts before to minimise it, regards