Can Start Buying Natty Now

we are currently trading at 5.255 in sep (about 25 lower)

 

still long from 6.80?

 

hell no!!

Only thing I am wearing is long sep/short oct at .23

Personally I have some UNG calls, suck at the moment.

 

when did you cut it?

 

guys ... you probably will need to rollover any sept to oct
this week

 

When is the last day of trading for Sep contract?

 

5.795 (-1.005)

OUCH!

 

why the hell do we bother to go long.

 

i guess today's report- 'no tropical cyclone activity seen for the next 48 hours' both off africa and in the west atlantic gave another reason to go lower.

again, from a technical perspective, sure does seem primed for a nice bounce. question, of course, is will the bounce be off 5.50 (oct contract is what i've decided to watch), or more like 4.75. just glad i didn't pull the trigger on friday...

 

Last Sunday buying a weak opening was good for a few points but later the market tanked.

Call me crazy but I am long again, just one lot of Oct,at 5.505 for a gap fill.

GC