|
Former Options Trader !!!
Join Date: Feb 2003
Location: Bucks County PA
Posts: 6,758
|
That really depends on your definition of who is a financial player and who is a true end user. The latter is easier to define. How would you position someone like Goldman Sachs’ energy group? Now they have huge clients who are hedgers but they also take the other side of those trades and do speculate in the energy markets.
In theory the more volume the more efficient the market place an the lower the volatility in the market.
I believe that crude and all commodities are mean reversion markets so in the end supply and demand will rule the day. But as you can see in the market right now, mean reversion is a long term view of the markets and there can be long stretches of time where prices are far out of long term line.
__________________
Current:88 Guards Red Coupe, 89 Coupe Track Rat, 76 Caddy Eldo Convert. 2015 Aprilia Tuono
Wrecked 1987 Targa Guards Red, 2003 Ducati ST4S
Sold 1987 Granite Green Targa, 993's, 93 RSA, other 964 coupes, 89 911 Turbo Ruf mods, 90 e30 M3, 07 BMW R1200S STOLEN 94 Speedster
|