Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sun-tzu who wrote (131335)	10/26/2001 2:27:41 PM
From: yard_man	Read Replies (1) of 436258

up/down?? I wouldn't -- I also don't think there is money to be made outside of the futures on NG. I asked my in-house expert about why prices had jumped. He mentioned a couple of things -- 1) Wx forecast -- folks had been predicting warmer than usual winter -- now the forecast is more for normal wx 2) Not so much the absolute storage level, but recent rate of change He said -- keep in mind on a cold day, it's unusual for more than 10% of the requirements to come out of storage -- I should know more about this than I do given my job -- but I didn't realize it was that small of an amount -- storage overall amounts ~10% of annual requirements, too. If someone had asked me to guess, I'd have said 25 - 30. Our fuels guy expects it to drop back -- if you are going to trade it, why not do it directly with the futures??

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next