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Message
re: BOIL has become predictable
Posted on 4/7/14 at 5:43 pm to Iowa Golfer
Posted on 4/7/14 at 5:43 pm to Iowa Golfer
I see UNG is already selling May contracts. Anyone have any idea what UNG bought May at?
At some point, it has got to get expensive for these forward contracts they are buying.
Either that, or I'm on the way wrong side on this thing.
LINK
At some point, it has got to get expensive for these forward contracts they are buying.
Either that, or I'm on the way wrong side on this thing.
LINK
This post was edited on 4/7/14 at 5:58 pm
1
Posted on 4/7/14 at 8:07 pm to Iowa Golfer
The next 2weeks will tell the tale......I feel that as soon as we see storage withdrawals decrease to amounts that allow us to surplus again this bubble will burst. I read some data last week that showed storage surplusing the week of April 10th.....
Thursday will be an important day.
Thursday will be an important day.
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