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


To: russwinter who wrote (28878)1/8/2004 8:29:46 PM
From: quehubo  Read Replies (1) | Respond to of 206094
 
<<There is also a very large spec position built in crude now (record short commercial short position), but for some reason not nat. gas as yet:>>

So is this bullish or bearish for oil or bearish?

I suspect too many careers and accounts were ruined shorting NG so far. You know the way this weather is, if the weather sticks around 1-2 weeks too long then NG spikes in order to force switching to #2 oil. March 2003 is not that long ago.