10/12/17 was up a measly +0.23 to 59.62. SUPRPRISE!!! There may be money being made on the short VVVs I carried on my boat over-night! I sold a bunch more on the POP-UP this morning. I hope other of you traders followed the Model and were short the VVVs.

We now have one-half of the cash settlement index at 59.62. The model calculates that the component on today's kill will need to sky-rocket by 1.50 to close that "Gap". If that happens, I will be one mighty surprised puppy!

Best wishes,

dhm