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re: BOIL has become predictable
Posted on 6/15/15 at 7:11 pm to Iowa Golfer
Posted on 6/15/15 at 7:11 pm to Iowa Golfer
(no message)
This post was edited on 1/11/21 at 12:33 am
3
Posted on 6/16/15 at 8:04 am to The Baker
quote:
If the bad weather is irrelevant, can you explain why?
Bad weather is not irrelavant althought this storm won't do much to offshore rigs.........now if this was a category 3, UGAZ could jump 5 bucks in a DAY.
if you choke off the supply with gulf storms then they don't make inventory projections.....this, in turn, causes drastic reaction in the futures market.
Posted on 6/16/15 at 8:10 am to The Baker
quote:
Earlier in May the Texas flooding coincided with a huge drop in UGAZ
This conicided incident was coincidence not cause/effect.
Posted on 6/16/15 at 11:07 am to The Baker
That was not directly correlated
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