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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (2614)11/25/2003 3:19:24 PM
From: ild  Read Replies (4) | Respond to of 110194
 
<<<unit measure is 10,000 mm btu, which has averaged about $5.00 >>>
I think $5 is for one mmBtu. 10,000 mmBtu is a trading unit.
It roughly comes to $100Bln at $5 per mmBtu.



To: russwinter who wrote (2614)11/25/2003 3:51:54 PM
From: mishedlo  Read Replies (2) | Respond to of 110194
 
Talked to my commodities broker on the action in treasuries today. Aparently everyone was so sure about GDP etc etc they piled into bond shorts, and when nothing happened they all started to cover.

IMO this can do on for days if that is the case. BWTFDIK?
If stocks head south that will just add fuel to the fire.

M