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re: BOIL has become predictable

Posted on 9/4/14 at 10:25 am to
Posted by L S Usetheforce
Member since Jun 2004
22805 posts
Posted on 9/4/14 at 10:25 am to
I with you sneaky.........I took half of my risk out on kold and used the profit to buy ugaz.......I'm now hedging my profit.....I'll buy more ugaz if kold goes up and if not......I'll sell at my price point and make money on both sides.....

One question: WHY would anybody buy ugaz at 25.25?
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 9/4/14 at 10:30 am to
quote:

WHY would anybody buy ugaz at 25.25?


same reason everyone else did at the time (june)...there was 'no way' reserves could be built to anything close to historical averages by winter and the price would rise like it did every other time....

it ain't over yet...I've got forever for the market to get things straight...
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