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Re: Ng PaperTrade Update#5A/Ceejay/Ronbo/Hal

This attempts to include Hal's Market Watch posts, will delete if turns out to be a mess!!

Hi All
Nothing intended by this other than to track what happened to the two Ng conracts over time and the stocks report cycle without pulling up charts.

Began June 9 in an exchange with Ceejay. I had hoped to include comments/thoughts between updates but so far, I have not.

The goal is to learn something about this market, constructive comments appreciated and will be included.

Looking like this guy may tag 4 before it is over !!

fri 5pm close open current g/l date 110617
ng paper 4.83 4.325 -5059 ngn11 b
ng paper 4.88 4.386 -4949 ngu11 b
..................total -10008

thu 5pm close open current g/l date 110616
ng paper 4.83 4.446 -3849 ngn11 b
ng paper 4.88 4.508 -3729 ngu11 b
..............total -7578

thu 1.30 pm open current g/l date 110616 after report
ng paper 4.83 4.425 -4059 ngn11 b
ng paper 4.88 4.487 -3939 ngu11 b
..............total -7998
Date: Thursday, 16 June 2011, at 10:39 a.m.

In Response To: Natural gas supplies up 69 billion cubic feet: EIA *PIC* (Haligonian)

Natural gas holds to decline after supply data (by Claudia Assis)

SAN FRANCISCO (MarketWatch) -- Natural-gas futures held to losses Thursday after the Energy Information Administration reported a supply increase within expectations. Natural gas for July delivery (ng1n) retreated 8 cents, or 1.7%, to $4.51 per million British thermal units. The EIA reported an addition of 69 billion cubic feet to the nation's supply on the product for the week ended June 10. Analysts polled by Platts had expected an increase between 68 and 72 Bcf.

wed 3.40pm open current g/l date 110615
ng paper 4.83 4.589 -2419 ngn11 b
ng paper 4.88 4.645 -2359 ngu11 b
..............total -4778

mon 1 pm open current g/l date 110613
ng paper 4.83 4.626 -2049 ngn11 b
ng paper 4.88 4.677 -2039 ngu11 b
..............total -4088

at fri close open current g/l date 110610
ng paper 4.83 4.757 -739 ngn11 b
ng paper 4.88 4.812 -689 ngu11 b
..............total -1428

Now, 2.07pm eastern, Friday date 110610
open current g/l
4.83 4.765 -659 ngn11 b
4.88 4.813 -679 ngu11 b
.....total -1338

Early Fri. am. date 110610
open current g/l
4.83 4.68 -1509 ngn11 b
4.88 4.732 -1489 ngu11 b
.....total -2998
Date: Thursday, 9 June 2011, at 10:48 a.m.

Natural-gas futures slip after supply increase (by Claudia Assis)

SAN FRANCISCO (MarketWatch) -- Natural-gas futures turned red Thursday after the government reported a bigger-than-expected increase in inventories in the week ended June 3. Natural gas for July delivery (ng11n) declined 2 cents, or 0.3%, to $4.84 per million British thermal units. It had traded around $4.97 per million Btu before the report. The Energy Information Administration reported an increase of 80 billion cubic feet in supplies. Analysts polled by Platts had expected an increase between 74 and 78 billion cubic feet.

Date: Thursday, 9 June 2011, at 8:00 a.m
update #2 at 8am et Thurs. before stocks report
open current g/l - open is last nights purchases
4.83 4.891 601 ngn11 b
4.88 4.938 571 ngu11 b
.....total 1172

Date: Thursday, 9 June 2011, at 12:21 a.m
Having followed Ng for several years and never figured it out, it remains in my "puzzle category" !!
If ever solved, one could make some decent money, else lose your piggy bank !!

I don't paper trade, but will here. Clearly this is NOT a trade, just a running summary of price/contract g/l since the contracts were opened.

Long NGN11(July) at 4.83
Long NGU11(Sept) at 4.88

Date: Thursday, 2 June 2011, at 10:43 a.m.

Natural gas rallies 4% after supplies report (by Claudia Assis)

SAN FRANCISCO (MarketWatch) -- Natural-gas futures added to their advance, rising 4% after a government supplies report showed a smaller-than-expected increase in inventories in the week ended May 27. Natural gas for July delivery (ngn11) added 20 cents to $4.82 per million British thermal units; before the data, the contract rose to $4.69 per million Btus. The Department of Energy's Energy Information Administration reported an increase of 83 billion cubic feet for the week. Analysts polled by Platts had expected an increase between 89 and 93 bcf.
End

Messages In This Thread

Re: Ng PaperTrade Update#5A/Ceejay/Ronbo/Hal