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

To: quehubo who wrote (108235)	8/31/2008 12:54:53 PM
From: Tommaso	Read Replies (2) \| Respond to of 206131

Am I correct that there will be trading this afternoon in energy futures? I wonder if some of these shorts will be running for cover: DJ CFTC: Gas Speculators Boost Short Position NEW YORK (Dow Jones)--Large non-commercial traders added long and short contracts to their natural gas futures positions during the week ended Aug. 26, bolstering their short position, the Commodity Futures Trading Commission reported Friday. Speculative, or non-commercial, traders added 2,417 contracts to their long position in futures-only contracts and 11,425 contracts to their short position, resulting in a net short position of 156,144 contracts, 9,008 above last week's total. In futures and options combined, non-commercial traders were net short by 230,329 contracts, 28,268 more than the previous week. Commercial traders were net long in futures-only contracts by 110,614 contracts, 5,113 more than last week, after adding long and cutting short contracts. Such traders increased their long position by 1,004 contracts and reduced their short position by 4,109 contracts. Week Ended Vs Previous Aug. 26 Week NYMEX GAS FUTURES ONLY Long Non-Commercial 203,620 201,203 Commercial 340,058 339,054 Short Non-Commercial 359,764 348,339 Commercial 229,444 233,553 NYMEX GAS FUTURES AND OPTIONS COMBINED Long Non-Commercial 183,098 185,303 Commercial 531,183 525,101 Short Non-Commercial 414,427 387,364 Commercial 349,106 367,425 -By Christine Buurma, Dow Jones Newswires; 201-938-2061; christine.buurma@dowjones.com (END) Dow Jones Newswires 08-29-08 1703ET Copyright (c) 2008 Dow Jones & Company, Inc.