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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (119445)	10/1/2009 11:52:05 AM
From: Pogeu Mahone	Respond to of 132070

Natural Gas ETF: New Twist on Share Creation 1 comment by: Tom Lydon September 30, 2009 \| about: UNG Font Size: PrintEmail TweetThis Thanks to commodity ETFs, access to this asset class has been greatly simplified for investors. So much so, that the CFTC is examining the funds with a fine-toothed comb. This has already had implications, one of which is that United States Natural Gas Fund (NYSEArca: UNG) stopped issuing shares. On Monday, however, the fund is going to start issuing new shares after three months of ceasing to do so. The SEC gave UNG the go-ahead to issue new shares after two months of deliberation, but the fund held off issuing them for fear of position limits. In mid-September, UNG filed with the SEC to reopen the fund for creations. Matt Hougan of Index Universe states that the new creation process is unique in that in the past, Authorized Participants could create new shares of UNG simply by buying up the front-month futures contract and delivering it to the fund company in a one-for-one swap. Now those investors must deliver privately negotiated swap contracts to enact the creations. For UNG, this process will make things easier, as it transfers all the work involved with finding privately negotiated swap contracts to the AP. As soon as this was announced, the premium on UNG began to collapse because the APs were able to arbitrage the difference between the cost of negotiating private swap contracts for natural gas futures and the premium on UNG shares. The premium is expected to continue to fall and reflect more or less what it costs to negotiate private swaps. Only time will tell how this new way of doing things will play out for UNG. The commodity based ETF has struggled this year as it is down 49% year-to-date.

To: Knighty Tin who wrote (119445)	10/1/2009 1:08:35 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Kimbo Slice was beaten on The Ultimate Fighter last night. He is a tough guy and as long as the fight was standing up, he was winning. But once it hit the mat, he had no clue. The winner, Big Country, was not a great mat man, but he was much better than Kimbo. Kimbo is now 34. There are older fighters out there, but I think he has seen better days. UFC President Dana White seemed to want to make a statement with Kimbo. For the first time, one of the other "novice" fighters was a champion from another league. Of course, the first guy Kimbo fought was this very experienced former champion. "Big Country" was flabby and didn't look like a fighter at all. But he has skills. He was tough enough to be rocked by Kimbo's shots, but not flattened. Since the concept of The Ultimate Fighter is to take novice or failed fighters and train them to compete in the UFC, it seemed kind of strange to have two guys who were champions in their old leagues show up. Kimbo could be big money for the UFC and I think he will continue training and get some prelim fights against non-championship caliber UFC members. BTW, in every fight on the show so far, the fighters seem to be gassed after the first round. In previous years, these guys could fight forever without breathing hard. Of course, the fact they are only using heavyweights this season may be part of the problem. But a bit more cardio might be useful.

To: Knighty Tin who wrote (119445)	10/1/2009 10:00:57 PM
From: Skeeter Bug	Respond to of 132070

Knighty, i have a friend who doesn't lift weights beyond doing push ups and he did 315 lbs x 3 when he lifted weights just to see how much he could do. he was curious. he's 5'9" about 210 lbs. yeah, he is unusual, though. he's related to tom flores somehow - so i'm sure strength genes run in the family. 275 lbs isn't very heavy for a typical major college level running back. i wouldn't be surprised if he could do it 10x or more - especially since they made it sound like dude had a pit bull neck. i'm sure it was a grip issue and not a weight issue. sounds like h*ll to go through, though. he is lucky to be alive.