NYCOFFEE
Your post suggest that "you" and other pit traders no longer can CONTROL the price movement of futures.
Is that truly a negative?
I will concede that there seems to be much less fuild movement of prices, but are you really suggesting that the "good ol' boys" days (pit) was much preferencial to ICE?
Are your posts really complaining of the fact that you and other pit traders can no longer acheive, easily profitable trades?
I will acknowledge that price movements seem to be much more constrainded than in the past, but is that much more a function of a "non-dynamic" commodity, than the pit days?
Please, do not snipe, but respond appropriately.
Others, do, please, respond. Particularly, Juan, who is VERY observant of daily trade, and Barefoot, who easily, should he so desire, objectively respond to the contrast in "coffee' since electronic trading.
Currently, I have no position, merely expressing a late night "observation" that I believe worthy of response.
Frankly, I believe we are bouncing along A bottom.
Trade well
TJC