Can Start Buying Natty Now

Patterson Energy (PTEN) earnings out tomorrow before the opening.
(North American nat-gas land driller)

 

NG is getting on my nerves LOL
Everytime it reaches my average price, schplaf... collapse back to 6...

 

Indeed, NG is a frustrating wench. I am still inclined to be long, and my horrible trading yesterday added .20 to my avg price... now long from ~6.05 and nervous. So easy to take a winning trade to a loser in this game. Though I will be thoroughly suprised to see it trade into a lower range from here. Risk should be to the upside IMO. Still have heat, but looks like tropical has died down, for now.

 

Pardon, there is no more heat.

 

Dr. Gray's updated hurricane season report is out today from Colorado State University . . . a slight downgrade from his earlier forecast:

http://typhoon.atmos.colostate.edu/

 

Looks to be a buying opportunity in oct natty tomorrow if we can drift back to around the 7.00 mark with a small stop.

 

Without the "Hurricane Premium" where do you think NG would be? 5.50? 6?

 

You can as much NGV07 as you want right now @6.677!

It's down .446.


e s

 

Just grabbed 15 contracts for the ride up. Only cost me: 6.4901 * 15= $97.35

 

What do you mean it cost you $97.35? the commissions? I hope you didn't mean the actual "controlled" value.

QG has a multiplier of 2500 while NG has a multiplier of 10,000.