Friday, April 20, 2007

Snow Futures

Volatility has created opportunities for good trading results the past couple weeks. Big caps continue to hit new highs while mid and small begin to roll over. Some lower-priced miners have been volatile and appear to be staging for another run, particularly GMO.

BID, COMS long potential.
TSCM has been a good short. SUNW may be OK short for track potential market pullback.

This is interesting, and may spur opening of a futures account.
CME Snowfall Futures
CME Boston Seasonal Strip November Snowfall Futures
Trade Unit $200 times the Respective CME Seasonal Strip Snowfall Index
Point Descriptions 1 Point = 1 inch = $200.00
Contract Listing Oct, Nov, Dec, Jan, Feb, Mar and Apr
Strike Price Interval N/A
Product Code Contracts reflect City and Start month.
SV has an October start month.
SX has a November start month.
SZ-December.
SF-January.
SG-February
SH-March.
The following Cities are supported:
Clearing & Ticker:
SBV/SBH=Boston
SXV/SXH=New York City

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