TIME TO SHORT GASOLINE. IMO

Bayliss - here is a service announcement from the LSE



16 September 2008

Service Announcement

ETF Commodity Securities Limited - 113 ETCs Admitted to trading

Due to disorderly market conditions the Exchange has placed 113 of the instruments in trading segments ETCS and ETC2 in an ongoing auction phase. It will be possible to enter, delete or modify orders, though no electronic execution will occur until further notice. Appendix 1 contains details of the instruments concerned; no other Exchange Traded Commodities are impacted.

ETF Commodity Securities Limited made a regulatory announcement at 08:30 this morning which provides further details.

whoops it's not just the LSE that cannae cope then

NEARLY 50 DOLLARS

oils going under 100 soon.

WHEN DO I SELL.

NOW OVER 50 DOLLARS

HEADING FOR 55 DOLLARS

STILL GOING UP

59 DOLLARS SOON

its gone up to fast time to take some profit.

ITS OVER 62 DOLLARS YOU MUST BE JOKING

MY GOD DID YOU SELL BAYLIS

69 DOLLAR OVER 39 POUNDS

MY GOD IT WENT TO 70 DOLLARS.

Oct. 22 (Bloomberg) -- Crude oil fell more than $5 a barrel to a 16-month low and gasoline tumbled as weakening fuel consumption outweighed prospects of a production cut by OPEC at a meeting this week.

NOW 73 DOLLARS TO BUY ABOUT 45 POUNDS

WHAT A DAY OVER 78 DOLLARS

sold all my holdings

ONLY 80 DOLLARS NOW MY BIGGEST HOLDING AND WHAT A WINNER.

Don't forget the trailing stop loss! If the world stops seeing 10 year treasuries as impregnable the dollar could freefall as well as the pound causing a dramatic crude reversal potentially, well done though for your persistence