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re: BOIL has become predictable

Posted on 5/28/14 at 5:03 pm to
Posted by L S Usetheforce
Member since Jun 2004
22806 posts
Posted on 5/28/14 at 5:03 pm to
It pisses me off they don't have the infrastructure to handle natural gas production in 2014.

Its been almost 5 years since Fracking started popping.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10246 posts
Posted on 5/28/14 at 9:42 pm to
I'll be at the Capitol tomorrow. Unfortunately. I'm not sure what to expect, but I'm guessing the injection will somehow be seen as good news for the bulls whatever it is. Either that, or the one day down pattern we've been seeing, meeting resistance, then falling to a new, slightly higher support level.20/2

In any event, I'm going to place sells order on a portion of my July UNG puts.

I still think natural gas below $4.50 is vital, and maybe even below $4.00 is possible. To be perfectly honest, I am slightly concerned that this might not turn out as well as planned. I think it turns out ok, just not quite what I once thought.

We'll sit back and watch. There is plenty of time on this, and I'm just a bit more negative than usual this evening. Probably because I need to waste a d at campaign ceremonies. frick. Some of the shite we need to do in order to make money is really painful sometimes.

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