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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: quehubo who wrote (18709)2/22/2003 9:34:53 AM
From: GREENLAW4-7  Read Replies (2) of 206118
 
Que, glad to hear you did well yesterday, and I hope you took some profits since products look very toppy.

I have a serious question that I know your NG expertise can answer. When I look at the graph over on Highland site, it shows 1996 as an extremely low inventory in NG, which coincidentally was an extremely cold winter like this year. The price of NG during that crunch hardly budged above 4.5 area ( chart of natural gas is on futures.tradingcharts.com, and go to nat gas historical)

Why is it that in 2001 we had a carbon copy move in NG to this year so far, with only the time table off by 1-2 months. Where in 96 when inventories were much tighter then even 2001 we could not sustain 5 on NG even for a day?

Much appreciate an insight by anyone.

Thanks
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