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Re: Weather Feb 5th-12/CJ
In Response To: Weather Feb 5th-12 ()

Hi CeeJay,
Thanks for the weather update.

Not sure how far ahead traders may be looking at the weather but right now it seems that they are hanging their hats on the Production cutback announcements.

I still think there is some "monkey business" going on with the storage sites as well - moving gas around.

I think there are requirements for some to be at certain levels by end of March. I don't have a clue as to just what they are ???

The gap up on open tonight and still holding says to me that there is a bit more going on here than that "rubber band" snapping back, which it did last week !!

We'll see ..... The storage estimates will start rolling out tomorrow - they were near dead on for last week.
Thanks, Lee

Messages In This Thread

Weather Feb 5th-12
Re: Weather Feb 5th-12/CJ