Re: natgas be knockin' on heavens' door/Hal

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In Response To: Re: natgas be knockin' on heavens' door ()

Hi Hal,

This is NOT chasing you. You state:
"
PS: Tomorrow's inventory report will be bullish...today's strong trading is the 'tell'...hang tight Ron"

What does tomorrows report have to do/show to be "bullish" ??

I had followed these reports for some time and could never draw a conclusion.

Here are the last few, and the Ng future contract response.

date............Bcf.....chg.....contract change
04/08/11 1607 28 up
04/15/11 1654 47 up
04/22/11 1685 31 up
04/29/11 1757 72 dn
05/06/11 1827 70 nc
05/13/11 1919 92 dn
05/20/11 2024 105 dn
05/27/11 2107 83 up

The total gas in storage has increased every week as shown but the futures contract has moved up/dn as shown as well. I see no consistency to the change in storage and the movement of the market !!!!

Maybe you can enlighten me on this !!!!

Thanks, Lee

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Re: natgas be knockin' on heavens' door/Hal

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