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re: Natural gas up 17% so far today

Posted on 12/21/18 at 8:27 am to
Posted by Ponchy Tiger
Ponchatoula
Member since Aug 2004
50011 posts
Posted on 12/21/18 at 8:27 am to
Stock Baws been watching the polar vortex predictions
Posted by slackster
Houston
Member since Mar 2009
91871 posts
Posted on 12/21/18 at 8:28 am to
quote:

Excellent bump, well done


I'm not trying to shite on him, but I'm interested in how his business has gone in December. I dont know if volatility is good for business or if direction is more important, but it seemed like he was long natural gas, so I wonder what he's doing now.
Posted by JudgeHolden
Gila River
Member since Jan 2008
18566 posts
Posted on 12/21/18 at 8:28 am to
Polar vortex. Huge cold coming to northeast.
Posted by Duke
Dillon, CO
Member since Jan 2008
36494 posts
Posted on 12/21/18 at 8:30 am to
quote:

Stock Baws been watching the polar vortex predictions


Feel like SSW and a polar vortex split has been discussed for about a month already. The arrival of the US freezer keeps shifting back, now like early January, but there's plenty of reason to expect the cold to come back in January.
Posted by slackster
Houston
Member since Mar 2009
91871 posts
Posted on 12/21/18 at 8:33 am to
quote:

Polar vortex. Huge cold coming to northeast.



I bumped an old thread. NG is down about 23% since this thread started.
Posted by slackster
Houston
Member since Mar 2009
91871 posts
Posted on 12/21/18 at 8:35 am to
quote:

Feel like SSW and a polar vortex split has been discussed for about a month already. The arrival of the US freezer keeps shifting back, now like early January, but there's plenty of reason to expect the cold to come back in January.



Natural gas trading is fricking terrifying.

Predicting the weather is hard enough without worrying about an underlying commodity price too.
Posted by Duke
Dillon, CO
Member since Jan 2008
36494 posts
Posted on 12/21/18 at 8:40 am to
quote:

Natural gas trading is fricking terrifying.

Predicting the weather is hard enough without worrying about an underlying commodity price too.



So much riding on forecasts weeks out, it's practically gambling. Not sure how those baws do it and don't die of some stress related disease.
Posted by TOSOV
Member since Jan 2016
8922 posts
Posted on 12/21/18 at 8:50 am to
quote:

I bumped an old thread. NG is down about 23% since this thread started.


Damn glad someone said it was a bump. I was reading the whole thread going crazy wondering what I was missing, and what was happening. Oy vey...
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