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To: ChanceIs who wrote (138465)7/30/2010 1:11:50 PM
From: CommanderCricket  Read Replies (3) | Respond to of 206326
 
Chance,

"Buy a weekly straddle on the gassers at the end of October."

What gas bags are you looking at? Do they trade weekly options?

BTW - Simmons nailed the conventional NG declines but didn't see the impact of the shale gas.



To: ChanceIs who wrote (138465)7/30/2010 7:21:25 PM
From: HotnSpicy9 Recommendations  Read Replies (2) | Respond to of 206326
 
Please, let's call Simmons what he is - an uninformed investment bankster who is a media whore. Twilight was nothing but badly written children's fiction - all the major facts and assumptions were wrong - and many said so at the time. Of course, when oil was running up strongly, the facts didn't make a difference and the critics were drowned out.

All that's happened with Simmons' recent predictions about the Macondo blowout is doing is proving what a raving lunatic the guy really is.