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its inertia time boys      5-Nov-09 10:59 am    
Get ready for boredom.
NG is in a big hurry to go nowhere and unfortunately (unless you are short vol in front of curve) we could be in for a period of extended dullness.
3.85 in ground before we start w/d severely limits upside and cash remaining solidly in 4s is limiting downside. Perhaps the return of the nukes will dampen cash a touch but there isnt alot of meat on the bone in flat price shorts here i am afraid.

UNG will slowly, slowly decay....eating away by flesh eating contango.

How in the world did this EFT get to $3.6bn. There cannot be that many Belgian dentists in the world.

The size of this goober is the last big mystey to me.

Take care and enjoy the fall weather while it lasts.


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phredn0s

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  Subject Author Rating Time of Post (ET)  
 
its inertia time boys
phredn0s Not rated 5-Nov-09 10:59 am  
 
Phred: great post. Yes, it is amazing that the...
income12345... Rate it 5-Nov-09 11:36 am  
 
I dont want to be an apologist for Hyland but...
phredn0s Rate it 5-Nov-09 11:51 am  
 
...natural gas will never ever stay still. Your a...
pmsmax2010
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Rate it 5-Nov-09 11:56 am  
 
Just looked at this fund, as it struck me tha...
cubemeister... Rate it 5-Nov-09 12:00 pm  
 
its all relative hoss...inertia in ng entails...
phredn0s Rate it 5-Nov-09 12:05 pm  
 
P I used to trade PJM and NYISO in a fo...
fivethousan... Rate it 5-Nov-09 01:14 pm  
 
P Great points. Vol is getting crushed today, as...
fivethousan... Rate it 5-Nov-09 01:28 pm  
 
I do believe the chasing NG vol down is the u...
phredn0s Rate it 5-Nov-09 02:21 pm  
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United States Natural Gas (UNG)

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At 4:00PM ET: 10.35 Down 0.23 (2.17%)
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