I promise I will give it to you! You deserve it. Forward your name, address and phone. Bet you can figure out my email address. Include an identifier so I know it is you like your communist card ID or an Obama re-election campaign donation receipt with your name on it.
You are making me laugh today, really. This is good.
As others have pointed out, and so have I, you have serious reading problem. Go back to your public sector job and give it up. To wit (if you can read) from this thread:
"With Arch (traditionally), half of profits are from thermal, half from met. If met is still quite negative, there is no saving thermal to get above zero."
Are you really as reading challenged as you pretend to be? I don't get it. What did your parents do to you? Did you get beat up on the bus everyday? Do I represent that bully to you?
Second, ask your parents if you can give me your demographics so I can share my DCA and DCA strategy with you as you requested. Let me know.
See what I mean about one of the leading VIs???
I continue to pray for his parents. Do you think they may have been both the 'nature' and 'nurture' problem here?
Poor child doesn't understand natural gas distribution networks, abnormally cold winter average weather for a second year, frozen wellheads and Canadian suppliers licking their chops (mostly maritime provinces) ready to supply NE/NY like they did last year at over $100 per mmBTU.
Oh well, it lives in a hole of reading websites. Bet it works in a public sector or government only funded subsidiary. Sad. No clue about life.
1. Natural Gas Fund (UNG), an ETF which exchanges hands over 12 million times a day. Read about it.
2. I would traditionally say buy Exxon and Chesepeake ... but with oil in the dumpster, that will drag down 80% of their business. Right now, I would stay away.
Postscript - I would rather the VIs (VillageIdiots) vacate this board than be right about Natty. High Natty hurts my friends on fixed incomes. I am sooo tired of listenting to Solar panels benefits from ChiComs and the lunacy of how it would work (Chicago, Seattle, New York state, etc., etc.). Or the childish rants of others.
Correct -17 Bcf withdrawal, -11 from East. Not a huge deal yet, but next Thursday should be even larger with what, almost all 50 states below freezing at some point this week.
With Arch (traditionally), half of profits are from thermal, half from met. If met is still quite negative, there is no saving thermal to get above zero.
However, on the thermal side, decent news.
As another poster so eloqent alluded, you simply can't read. Still waiting for your name, address and phone so I can discuss my DCA strategy and actuals with you. You asked, let's get together. Ask you mom if it's okay first, hate to get you in trouble.
As for the old School Time Rock, Reading is Fundamental ... how long have I been "stuffin money in XOM?". Can't even read? North of 30 years young liberal. How long was I invested Ashland Oil before Arch? Why don't you put your research pants on and find the connection.
You are why America is now just a run-of-the-mill African level country. I weep (again) for your parents.
Questions were not for you, did you realize that or just couldn't stand it?
I have owned and DCA'd into XOM for longer than you have been alive. Natural Gas has done nothing but bring down profits for the last 10 years.
Like I have stated here many times, you know very little about commodities markets. And, it is an easy wager whereas I have many friends living in Andover, North Andover, Salem, etc. on fixed incomes, I doubt you have even one in NE.
Here it goes again ... check out prices pre-storage release tomorrow. Goal is low NG wholesale prices and drillers stop or high prices and consumers suffer?
Ping King. What do you want to happen? Are you happy we are headed above $5 soon and super-high on the other left coast? Are you on the drilling supplier side? Do you want price per mmBTU to drop down to a buck eight-nine like two summers ago and the consumer to get the big break as the suppliers go bust?
What is with the 6% increase today? Is it building as per the Farmer's Almanac prediction of another cold winter (not as cold as last year but close)?
Help me understand.
Luckily the rapture of intelligence has not visited your family tree. May you live in the blissful ignorance your lineage has afforded you. This I pray for in ignorance, true bliss can be found.
Young man, you know not of what you speak. Try telling me what to do infringing on my liberty and see what happens :-)
"May a doctor prolong the quality of your life, may Jesus save your soul, and may the government stay out of your business".
Not much in America anymore, yes?
You must have, I don't car about Al Gore. However, I do enjoy watching his ex-roommate in movies though.
Really, as a Libertarian, how about Patrick Henry?
Has the swelling subsided?
Did a conservative or a republican beat you up on the school bus? Again?
As a Libertarian, I probably would if you tried to tell me what to do and infringed on my liberty.
Great question. Absolutley glad to discuss with the VI.
Get me your name, address and phone and I promise I will share my DCA trades over the last 5 years from Scottrade with you.
Since you want to know, I can share with you only. This is public forum, even a VI would know that ;-)
You show up and ACI jumps 5%. Wow, keep posting!!!
Unfortunately you are ignorant on another front, you don't understand an investment. Believe it or not, there are folk who believe in something. Folks that believe in coal and the good it does for the world. How it has markedly improved the lifespan of all those who consume electricity generated from it. How it has allowed iron to become steel. How, for the US, it is a natural and national resource. Buy or sell, it doesn't matter, it doesn't change what it is, what it does.
I know, in our Obamanation most neophites believe only in poles or 'votes' for whatis right or wrong, but unforutnately, that doesn't change what is right or wrong.
EIA facts are reputable, EIA predictions are poor. Research them in all commodity spaces and report accuracy. Try on oil or gas prices over time, try on coal and natural gas. Can't wait for this report.
Fact: Contracts for NY/NE gas delivery in January are $16 per mmBTU. Dude, wake up and smell the methane.
Wait: For the EIA release of withdrawal NEXT THURSDAY AT 10:30AM EST. You can talk about predictions then.
Stock prices go down, stock prices go up. Patience VI, patience.
Does it ever get old being the villiage idiot (VI)? Really. Good to see you back, we thought we had lost ours.
Enjoy your quotiing EIA predictions ... how did that work out last winter, did you follow them closely? Duh, good luck with that VI.
You really don't understand the base questions about commodities and supplier profit or loss and wholesale/retail prices. Sad.
Well, no matter what, welcome back VI!!!
Not coal, natural gas questions (as per your moniker).
Not sure I heard your opinion, are you looking for low wholesale and retail prices so drillers curtail even more or higher prices so the same can make a decent profit? Even higher retail prices on the other left coast?
I just don't get where a single commodity can stay in balance on the supply and consumption side to make things work in a multi-commodity market.
Bump. See you are back. Point to floating back to the board? Two or three down days for spot for Natty is generally the trick to make you start sniffing around.
Tell us what you think about this winter? Want high Natty prices or low? More drilling or less? Drillers and suppliers make a decent profit or curtail operations? Retail consumer have higher or lower prices?