Discussion in 'Trading' started by scriabinop23, Sep 15, 2008.

  1. Anyone see whats going on?

    Lehman closing their position? :)
  2. They're "passing" gas, not trading it. :cool:
  3. Incredible "spike" up to 7.83 in Oct.

  4. Okay, someone explain to me why exactly Lehman brothers unwinding their NG contracts would cause a price spike?? Wouldn't we see just the opposite, like the SocGen futures unwind mess? Maybe the sold at such a fair price that the market went ape? Looks to be fading now. School me please.
  5. I'm guessing they could have been net short had to cover??

  6. it was a joke.. i think there was a force majeure of some sort concerning sabine pipeline possible damage.
  7. Thx for the clarification.