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re: BOIL has become predictable

Posted on 12/19/14 at 10:29 am to
Posted by sneakytiger
Member since Oct 2007
2472 posts
Posted on 12/19/14 at 10:29 am to
Would love to get back to breakeven just to flip into a DGAZ position.
Posted by marklsu
New Orleans
Member since Sep 2008
1476 posts
Posted on 12/19/14 at 11:03 am to
I need a drink
Posted by I Love Bama
Alabama
Member since Nov 2007
37705 posts
Posted on 12/19/14 at 11:11 am to
pour me one too
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 12/19/14 at 11:13 am to
Pour me three. That's one for every dollar I'm below my entry point.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/19/14 at 11:18 am to
I'm at -2.50
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 12/19/14 at 11:31 am to
Dropping more in at these prices. Cold is coming.
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 12/19/14 at 12:11 pm to
Winter hasn't started yet..the question is how low does it go before the cold bumps it up, but not enough to profit
Posted by I Love Bama
Alabama
Member since Nov 2007
37705 posts
Posted on 12/19/14 at 12:41 pm to
I'm about to use my last bullet to average down. Prayers needed...
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 12/19/14 at 1:14 pm to
Glad I sat this thread out for awhile, or I probably would be getting smoked right now as well. I rode the DGAZ train earlier this year and did well. Guess I'll hop in UGAZ soon.
Posted by Crbello4Hiceman
Lurking
Member since May 2011
502 posts
Posted on 12/19/14 at 1:20 pm to
I'm down 33% and falling.
This post was edited on 12/19/14 at 3:19 pm
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 12/19/14 at 2:58 pm to
I'm considering, we'll what Christmas money brings and then I'll push my chips all-in.
Posted by L S Usetheforce
Member since Jun 2004
22763 posts
Posted on 12/19/14 at 3:20 pm to
shite I'm only lucky I leveraged.........

I have no clue what is going on........Almost about to drop consiprices about Saudis Shorting NG.
Posted by marklsu
New Orleans
Member since Sep 2008
1476 posts
Posted on 12/19/14 at 3:27 pm to
quote:

A larger-than-expected drain would usually be good for prices, suggesting greater demand. But traders have become more focused on larger bearish concerns. Record production throughout the year has shown no sign of slowing despite stockpiles that are now closer to normal. Analysts have estimated that the market is oversupplied by 5 bcf a day and could lead to a glut by the spring without extreme weather to spur demand.

Last week's draw was less than half of the five-year average for the week. Storage levels are now at 3.3 trillion cubic feet, 0.2% greater than a year ago and within 7.3% of the five-year average.
Thought this article about it was interesting:

LINK
This post was edited on 12/19/14 at 3:29 pm
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 12/21/14 at 9:24 am to
City Temps for Dec 27 - 30:

Chicago - Highs in the low 20's

Fayetteville, AR - Highs mid 30's, Lows in low/mid 20's

Charlotte - Highs mid 40's, lows in mid 20's

Denver - Highs in upper 30's, lows in low/mid teens

Alexandria, LA - Highs in mid 50's, lows in low 30's

Atlanta - Highs in mid 40s, lows in upper 20s

This cold snap will be far reaching and should last four to five days or possibly longer. Looks like winter is finally arriving . Load up UGAZ.
Posted by PetroAg
Member since Jun 2013
1273 posts
Posted on 12/22/14 at 6:45 am to
$3.26
Posted by ynlvr
Rocket City
Member since Feb 2009
4587 posts
Posted on 12/22/14 at 7:22 am to
Ouch!
Posted by L S Usetheforce
Member since Jun 2004
22763 posts
Posted on 12/22/14 at 7:23 am to
Today is a bad day.
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 12/22/14 at 7:24 am to
This is bad.

And of course I close my 17.5 Put on Friday.
This post was edited on 12/22/14 at 7:26 am
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 12/22/14 at 7:36 am to
Holy shite.
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 12/22/14 at 7:40 am to
Looks like DGAZ will open higher than UGAZ.
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