Oil Price

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RogerCO
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Post by RogerCO »

Tess wrote:It's definitely a recently phenomenon. I think the rise of electronic trading has had a lot to do with it. Crude oil trading is a lot more accessible than it used to be.
Its also tempting to see it as a symptom of a system that is about to go chaotic. That interesting phase between stable laminar flow and chaotic turbulence in the flow...
RogerCO
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mikepepler
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Post by mikepepler »

RogerCO wrote:Its also tempting to see it as a symptom of a system that is about to go chaotic. That interesting phase between stable laminar flow and chaotic turbulence in the flow...
This was my thinking too - I remember the risk analyst guy on the Imposed By Nature DVD saying that markets get unstable when they reach extremities.
RevdTess
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Post by RevdTess »

There's simply more money moving in and out. Look at the size of the open interest.

Now you can say that's due to disequilibrium if you like...
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