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


To: Rock_nj who wrote (128768)2/21/2010 5:29:13 PM
From: burlegoat2 Recommendations  Respond to of 206087
 
"Natural Gas (NYM): (High: Oct//Low: Mar or Jul) Demand has tended to rise into Oct-Nov as industry builds inventory to meet cold-weather demand."
This is from SPECTRUM COMMODITIES, they have a 10 year chart at
spectrumcommodities.com

burlegoat



To: Rock_nj who wrote (128768)2/21/2010 11:06:02 PM
From: energyplay  Read Replies (2) | Respond to of 206087
 
NG Futures late winter to summer - Quehubo and several others have extensive experience with these matters.



To: Rock_nj who wrote (128768)2/22/2010 12:00:04 AM
From: Archie Meeties2 Recommendations  Respond to of 206087
 
I'll save you the time as I reviewed the series recently.

All seasonal patterns are too weak to be reliable except one - there is usually a peak in NG in late fall/early winter followed by sideways or down movement until the heating season is over.

Everything else (Spring/Summer/Fall) is too variable to establish a reliable signal.

In other words, based on historical data alone, a coin flip is no better at predicting the March - June or March - October price change. Best to look elsewhere regarding future prices at this juncture.

You can crunch your own data from the data here.
tonto.eia.doe.gov

Brief summary of the #'s
NG price change from March to June since 1985:
9 years +, 15 years -

But before you take it as a suggestion to go short here, the mean change is +0.05 with a SD of 0.67 (ie both + and - change have near equivalent chances).

Disclosure: I remain short UNG.