Most serious energy traders spend $18,000 for the Hurricane Season ( June 1st - November ) via Wilkins Weather at WeatherInsight. http://www.weatherinsight.com/
these systems can bring just as much damage dollarwise than some faster moving stronger hurricanes that bring very little water ....
Who says that it is NOT a "story" just yet? The morning newspaper that you read? The markets have obviously been trading off of potential Hurricane activity for the ENTIRE WEEK! You just don't realize it.
The "fun" begins when it passes Cuba...if it hits the mountains slowly it could very well break up...if not...it will then become nerve wracking if the wind speed movement picks up... The meaningful reports usually come out every 6hr...next one appro. 5pm est.
The HIGH that is currently over Florida has kept Gustavo tracking towards the West-Northwest. If it gets out into open water, it could intensify very quickly - - - especially if there is no "wind-shear" in the upper atmosphere.
Son, get off the lithium please. Even you just started a thread called "hurricane Gustav" and stating only 1 storm as threatening. http://www.elitetrader.com/vb/showthread.php?s=&threadid=134906 :eek:
Thank You for once again showing yourself to be a TOTAL MORON . . . Mr. James Stock, Rubberbird, Manolo, and every other alias that you've had over the years . . . Please feel free to take a look at the Oct. Nat-Gas contract chart attached below and let me know if this is a NEW "story" . . . moron. Traders already covered shorts earlier in the week and got long. They are obviously taking profits in oil, nat-gas stocks, and are not happy with today's nat-gas inventory build of 102 Bcf that came out at 10:35AM EST. Again, this is Hurricane Season. No one is questioning that, and the markets are VERY aware of what is coming across the Atlantic - - - even though this seems to be news to YOU! Thanks for stopping by once again and showing just how stupid you and your absurd logic is.
So why did YOU just start a thread naming only 1 storm as threatening? http://www.elitetrader.com/vb/showthread.php?s=&threadid=134906
Mate Gustav came out on monday!! :/ Look at the 1hourly chart: http://md2.it-finance.com/MDLight/i...D.CL.Month2.IP&timezoneOffset=0&webSiteId=igi On tuesday lunchtime it became a worldwide known hurricane and oil rocketed $6s!! It hit 120.50 area today and then BAM!!! It crashed and killed everyone who had been long and waiting for a huge rise!! Its now not even relevant news, let alone rare fresh news..!! lol Its actually now just stale old news that has alreayd been done used, and now thrown out!!