NG CL spread

Discussion in 'Commodity Futures' started by mgookin, Jul 17, 2009.

  1. RedSun


    the real economy is not tanking. The ISM is positive and the GDP may turn positive again. Both compare to previous month/quarter.
    #11     Sep 8, 2009
  2. I disagree about the state of the economy. You will see a positive GDP this quarter for sure, but it is rather artificial in nature rather than a sustainable organic growth; it willmaily be a factor of the stimulus. Cash for clunkers and the 8K tax break on home buyers will have a large contribution toward this, and both are fleeting. Add to that a continued loss of jobs ***WITH unemployment benefits soon running out en-masse***, and there is nothing sustainable with this correction.

    Just my opinion.
    #12     Sep 8, 2009
  3. bone

    bone ET Sponsor

    Well, in any event, Btu trading between oddball hydrocarbon physical states like natty and crude has been a death wish the past couple of years.
    #13     Sep 8, 2009