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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: quehubo who wrote (28419)12/22/2003 6:21:16 PM
From: Ed Ajootian  Read Replies (2) of 206281
 
Que, its interesting timing that this crash would occur at the beginning of Bid Week, when the January gas gets priced for the producers.

This may go in the category of the "grassy knoll theory", but I wonder whether the natgas transmission companies and/or major gas consumers shorted the hell outta the contract today once they saw there was so little volume and it would be so easy to manipulate it. Think of how much money they save by having to pay only $6 vs. $7 for their January gas.
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