just wanted to post that I got someone on my end thats got some serious health concerns and I'll be backing off posting for a while. good luck to shorts and longs. will be back.
it looks to us, sitting around my office looking at trade traffic, that UNG is being accumulated here. thats one awesome looking graph on todays eia report.
jc you can spin stuff pretty good. looks like a long career for you. keep workin on it. powers book and gore have zero in common.
we are in the 6th inning and gas traders are gonna milk this all they can. Its a once in 20 year whale they have on deck and they are just not gonna toss it over the side. better shorting opptys down the road.
BH I got a good chuckle from this. no one, other than than the consumers, are excited about 4 buck chuck. whens the last time consumers won anything. its always tighten the screw the consumer
your work is spot on. give the gas gurus a few days to digest this and we'll see. I'm expecting to see some reality to start hitting after 12 noon today
shes about to bust thru 3.64. what does that tell you. imho theres a reason dgaz is 3 bucks and churns its whole float just about every day. I like dgaz but to me its still broke.
"I would bet against that, and suggest that NG prices will need to rise to the $5-$5.50 on the futures board before a significant drilling effort takes hold."
-thumbs up...best thought of the day. no one is excited about 4 buck chuck except the shorts. the producers are focused on oil due to margins
yes sir you missed the boat in november. I averaged 275% on the calls I picked up and dropped off as the season rolled out.
My opinion is there are possibly better shorting opptys ahead. why short 450 gas when you can short 550+ gas. to me todays action is just loading cattle onto short boxcars. if theres a squeeze it could be bigger than jan. me I'm playing both sides dgaz and ugaz.