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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: tradingfaster123 who wrote (121323)	6/15/2009 5:25:03 PM
From: Ed Ajootian	Read Replies (2) of 206339

tradingfaster, natty futures trading is taking on a surreal look at this point, with the near-month contract charging up big today on no bullish news (at least none that I saw). If anything the overall economc news was decidedly bearish, as evidenced by the 2.5% pullback in the stock market. I wonder where natty would have closed if the economic news had been bullish?! Did UNG issue some more shares? If that is the reason, I wonder what these buyers of UNG think is going to happen when we start bumping up toward full storage? I see that as of last night Robry was calling for yet another whopping fill for this Thursday, it will be interesting to see if that comes about. Not that it would matter much to the natty market though! <g>

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