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Reply #4: There is some heavy-duty jargon in that article. [View All]

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Sinistrous Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 11:19 PM
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4. There is some heavy-duty jargon in that article.
I am sure that the phrases:

"reducing the indexs weighting in gasoline futures",
"They started unwinding their positions",
"it planned to roll its positions in the harbor contract into another futures contract", and
"the reformulated gasoline blendstock"

all have meanings and implications of which I am totally ignorant. I would be grateful if someone translates the article into more common language.

Sinistrous

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