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  1. P

    Nat Spreads

    Also to note about new trends, we are finally seeing UK gas trading at a discount to US gas as UK storage fills. This will start pointing more LNG overe here, right on cue to make up for the slack in production declines. However I try to find a bullish fundamental, I keep turning up...
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    Nat Spreads

    This is the fourth week in a row that the storage # was at the lower end of expectations, which to me signifies that production decline is slowly starting to come into the market. It is not a one or two week anomaly, but now a four week trend. While on the surface this might be construed as...
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    "Economy Worse Than You Think"... Mort Zukerman 7/13/2009

    Swine flu, set to target healthy boomers!!
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    Nat Spreads

    You cannot really measure storage on a year over year basis as weather is the key influence. So the analysts have "weather adjusted" analysis based on temps for this week this year and temps last year in the corresponding week. Right now, weather adjusted injections are neutral to last year...
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    Nat Spreads

    That is exactly what it is, seasonal factor of storage. We are threatening to run out of storage space before heating loads take up the slack in november, so oct is getting discounted nicely.
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    Nat Spreads

    I lean towards the SEC denying more shares, the CFTC is already trying to crack down on large traders that influence the market and will likely be putting position limits in effect soon. UNG trading with no more shares will still be linked heavily to the futures via arbitrage, if no more...
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    Nat Spreads

    As of today, they hold roughly 120,000 contract equivalents. That is split up between futures, henry hub swaps and ICE futures. They are holding 27,000 lots of NYMEX futures. The roll is going to be rediculous!
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    annaland's song of the day

    Keeping with your theme Surf- <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/10ej46Mhshg&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...
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    Goldman Market Manipulation

    Ahh, sorry guys, looks like this has already been posted. Good going papa, DUMBASS!!!!
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    Goldman Market Manipulation

    WOW, this is better than Hollywood! The smoking gun was even provided by the US Attorney, funny shit. http://zerohedge.blogspot.com/2009/07/sergio-posts-bond-as-toxic-code.html Monday, July 6, 2009 Sergio Posts Bond As Toxic Code Percolates In Cyberspace And Allows "Market Manipulation"...
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    annaland's song of the day

    <object width="560" height="340"><param name="movie" value="http://www.youtube.com/v/sn-vBoGIkeE&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/sn-vBoGIkeE&hl=en&fs=1&"...
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    Nat Spreads

    I really cannot give a definative answer here, I don't really believe anything in the trading world ever stays static, including strategies. The size that UNG has acheived to date is still a new dynamic. As of Thursdays close, UNG held just over 101,000 NYMEX/equivalent longs, all in the August...
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    Post a picture of your ride

    Shit, I get buyers remorse just buying a new vehicle to begin with. In Texas, successful traders show off by purchasing ranches, fuck a stupid car. Cars are a waste of capital and quickly depreciate; no matter how nice and expensive your ride is, your still stuck in traffic behind a clunker...
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    Nat Spreads

    Not that I am aware of, just alot of sweat equity and time. You'll never stop learning about natural gas, no matter how long you trade it.
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    This has to be an all time classic

    To those in GM stock- http://media.gm.com/servlet/GatewayServlet?target=http://image.emerald.gm.com/gmnews/viewmonthlyreleasedetail.do?domain=74&docid=55359 FOR RELEASE: 2009-07-01 GM Statement re: GM stock price and volume GM management has noticed the continuing high...
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    China's banks are an accident waiting to happen

    China's banks are an accident waiting to happen to every one of us Fitch Ratings has been warning for some time that China's lenders are wading into dangerous water By Ambrose Evans-Pritchard Published: 5:38PM BST 28 Jun 2009 Comments 35 | Comment on this article A growing number...
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    Nat Spreads

    Adding another layer at .64 This spread has the potential to be HUGE, all dependent on storage availability of course.
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    And yet another well written article on deflation

    http://zerohedge.blogspot.com/2009/06/guest-post-future-deflation.html
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    Nat Spreads

    And just added my final piece to this position at .145, feel the door has pretty much closed for anything tighter. This spread should have at least a dime in it over the next two weeks.
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    The second best handle on elite trader

    That's funny, your mother told me that I had the best "handle" that she has ever seen.
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