Evil Natural Gas Speculators

Discussion in 'Commodity Futures' started by ChkitOut, Mar 29, 2012.

  1. clacy

    clacy

    LOL..... our political system is such a joke.

    The Fed and Central Banks around the world stimulate and print, to no avail. The money doesn't reflate the housing market (their goal), but instead reflates oil prices.

    Then the Fed releases a study that points to xx% of oil prices that can be attributed to "evil speculators".

    Then on cue, the Dems run out to score political points, by bashing speculators in order to take heat off Obama, the Democratic Party and the Fed.
     
  2. Handle123

    Handle123

    Yeah, I went long Nat Gas on close of Wednesday, but bot Puts for my hedge, got stopped out on the futures today and still have the Puts. Probably sell the Puts Friday, and if price lower, do it all again all over.
     
  3. Storage surplus drives prices to 10-year lows. :)
    [​IMG]