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re: BOIL has become predictable

Posted on 5/20/14 at 6:07 am to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10246 posts
Posted on 5/20/14 at 6:07 am to
Thank you sir.

Futures ticked down a smidge overnight. While I do believe the fine gentleman about BOIL being predictable, I don't follow BOIL. What I am now starting to understand is that in my case UNG is predictable.

Thursday I will be going to the Lake Geneva area. Some say it is like the Haptons of the Midwest. I don't know about all that. While there are some extremely wealthy families that have summer homes there, I suspect the Midwest is more like Louisiana than like the east coast.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10246 posts
Posted on 5/20/14 at 2:51 pm to
Futures prices and cash price are close. Not sure when they post today's cash price at Henry Hub. In any event, this should (should) stop the violent upward path of UNG and other etf's based on their July contracts.

LINK

It's been strange. I'm really at a loss at how the market will react to Thursday's report.
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