Silicon Investor (SI) -- The First Internet Community

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.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (26259)	10/10/2003 12:19:21 AM
From: Archie Meeties	Respond to of 206085

A short term bullish trend is always a good bet at this time of year. Especially if you're looking at the futures market. But note that NG Spot prices were down 1% to 1.7% today, so maybe the right answer to your question is also the most useless, which is "Traders are sending energy up today". How can the spot market go down and the imaginary market go up? I'm willing to drop my prediction for spot ng prices to $3.05 because I know that the ng fee schedule consumers are subjected to this winter is based on nymex prices at the onset of the heating season (ie now), while the actual gas delivered will soon come from a glutted spot market. Just follow the ka-ching and everything makes sense. -g-