Yo, Logic Boy, what new tune will you be singing if it closes up today? Wait for tomorrow, the day after, the day ...
Remember Mr. Loser, "Buy on Rumor, Sell on News". But that only works for a little while.
True insightfulness. I am definitely going to dump my long and short sell now!
You are a true genius.
Thanks so much!
What would make you think there is about to be a big sell off? Please include your logic. If you can make a case, Natural Gas spot going back down to $1.89/mmBTU, met coal markets becoming destabilized, a lighter than normal draw-down in Natty for the thursday reporting period ... do tell.
I bet you can amaze both your friends and enemies here with your insight and thoughtful background for your stance.
My finger is on the long sell and short sell buttons just awaiting your harrowed logic.
Funny thing, in Bejing they write about the smog problems here in Los Angeles.
pdp - You are arguing with a child who knows everything. No responsiblities, no skin in the game and as we adults say, is a consumate 'fibber'. There is nothing to gain except a waste of words.
In another post, this child said s/he/whatever makes its living in the stock market and then in another says they are not a good stock picker.
You cannot reason with the unreasonable, logic with the unlogical, or convince a child they really don't know that they are talking about.
Boy George makes yet another Freudian slip: "... your coals stocks ...".
The answer to this question is probably deep and disturbing if you were to tell the God's truth (assuming you believe in him), why do you post here? It is either sad or disturbing, do tell.
I thought you said coal was HOT a few days ago? Who is this? Good George, Bad George, Boy George ... who?
Resides in Jefferson County, Missouri maybe? Better known throughout the US as JeffCo, the Meth capital of the world!
Yesterday you said Coal is Hot. Pick one, or at least talk between the two of yourselves and make a decision.
That was earlier this year when TBoone estimated year-end would be at $4. It zoomed up on a 'feeling'. This time we have the BCF pull-downs (fact) to back up the price.
The northern hemisphere is getting colder and will continue to do so. CO2, sulphur, methane, whatever ... Sol cycles rule. In the next four decades+, we will need to keep all sources going full blast to keep power generation up. Renewables and even nuclear will be very important.
Fourth try (no clue why not posting):
Est is 109 - 148 billion cubic withdrawal. 5yr avg is 41 billion withdrawal.
Good luck at 9:30!
Check it out on Bloomberg. Brrrr ...