article at zero hedge. Margin requirement for NG contracts 10% higher.
Will naturally see some selling tomorrow.
Expect HEAVY selling . This was the blow off the top that I have been waiting for...
CME did this with Silver April 2011 . It was in Backwardation too. It was an Epic fall for the next 5 days...
This was the final CME margin raise that will Kill this party quicker than you can say UNG 22...
Sentiment: Strong Sell
kracken, most likely we gonna see 7 tomorrow. your best bet is to go to carmines and we'll see you at the bar.
Why are you posting on news that happened 2 weeks ago.....I agree that the march contract should be 20% lower but please post the link on the LATEST margin hike - the last one I see is from January 31