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TFC Commodity Trading Forum

Re: natgas daily (basis Jan.)/Perfect opportunity

Well that didn't last long, my exhuberance that is. You see when you trade markets on weather, the forecast can change overnight in a big way. We have dozens of new models to look at each 24 hours. CeeJay is right, today's runs are not looking like the excitement I saw 24 hours ago.
So............with a heavy heart, I withdraw my challenge AT THIS TIME. Market opens in a half hour and I am long, but that's my situation. This excercise has shown me again, that one just simply cannot write a forecast in stone. Thankfully the pressure of my challenge, self-induced, has been relieved. There will be another time, just not now; not after I feel as let down as I do.