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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (9326)5/6/2008 1:26:00 PM
From: Patrick Slevin  Read Replies (1) of 33421
 
Interesting.

I had thought of doing a 2009 NatGas Bull Spread last year because there was a similar Backwardation in NG but passed on it. I don't do too many Commodity options.

I should watch the out months, I don't as a rule because I watch so many markets.

It's my understanding that the Refiners are at the point where there is about equilibrium in Capacity. Strange, for if that's true then all of this talk about the need to build new refineries is just noise.
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