ha ha, just what I heard pal. and yes I take everything with a grain of salt. Centarus is an energy monster and like I said I'd rather be with them than against them
Of course, I would've made any attempt to hedge or trade. My point is that the guy is hopeful that the entire Gulf Coast infrastructure is wiped-out. Imagine such a statement made during 9/11. FWIW, I went short on the NYSE open post-9/11.
There is a powerful high-pressure system headed South which will converge with Gustav. With any luck the fronts will meet well-offshore.
certainly didnt get the pop i expected, very slow session. Hopefully it gets weaker and weaker and catastrophe is averted
Im no noob my friend, a little bird told me that on friday a MASSIVE energy hedge fund got extremely long NG and they bought all they could buy. I like my odds. I hate making money off people's misery but that is trading sometimes sadly. In a perfect world Gustav takes out all the oil and natty rigs in the Gulf and then dissipates. Wow, your sincerity is really touching.
Amarath (not sure of spelling)was big and built a nice long NG position that the market got wind of and look what happen to them. So falling the big guy is not always smart..